economies of scale

Let's Discuss Religion otherwise known as Comparative Advantage & Trade

Ralph Gomory gave a talk today at the New America Foundation, a think tank who also gets it with online media!

As I listen to President Obama's speech acknowledging structural problems with the U.S. economy, yet do not see policies that will actually do what is needed and never mentions manufacturing or trade, one person I find quite insightful is mathematician Ralph Gomory.

Ralph Gomory - Does America Need Manufacturing?