David Autor Quotes
Most Famous David Autor Quotes of All Time!
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Economists have understood since the Victorian era that the main benefits of trade come from comparative advantage: the idea that people can specialize in what they're good at and then benefit from exchange. The principle is no more mysterious than specialization in the labor market.
There's a reason I write articles and go out for good dinners: because I'm better at research than cooking. And there are people who are much better at cooking than research, so it's mutually beneficial for us to specialize.
The U.S. tends to export high-tech goods because we have strong comparative advantage there, and we tend to import labor-intensive and less skill-intensive goods that other countries can do more cheaply.
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Today's Quote
We lived together as kids, and now we're taking care of each other as men.
Quote Of The DayToday's Joke
फेकू ने पप्पू से पूछा: 'मोहब्बत शादी से पहले करनी चाहिए या शादी के बाद?'
पप्पू ने कहा: 'कभी भी...
Today's Status
Life is perishable the quicker you consume it, the better it feels. Stop thinking, start living. Good morning!
Status Of The DayToday's Prayer
Speak in faith, and everything you declare shall be yours. No weapon formed against you shall prosper, and every tongue...
Prayer Of The Day