Celebrating 200 years of a deeply unintuitive idea: Comparative advantage
This past week marked the 200th publication anniversary of David Ricardo’s On the Principles of Political Economy and Taxation. Despite...
What is Cognitive Science of Markets?
Since I say I am a "cognitive scientist of markets," I damned well better have an answer to what this means. It's not quite behavioral...
Smith's *The Wealth of Nations*: Introductory thoughts
The first book I am blogging is Adam Smith's masterpiece An Inquiry into the Nature and Causes of the Wealth of Nations (1776). Although...