Economists spend a lot of time talking about comparative advantage: France has just the right climate and land to make great wine, for example. In the Industrial Revolution England had good quality coal in just the right place. Germany has a lot of good industrial workers and craftsmen.
Most comparative advantage, however, is cost advantage. If it’s cheaper and you can produce it for less, it’s hard to compete against you.
After inquiries from The Intercept, Duane Kees stepped down from his ethics panel position.
The post This U.S. Attorney Resigned Amid an Ethics Investigation. Yet He Wound Up Overseeing Judges’ Ethics. appeared first on The Intercept.
How Earth’s habitable continents arose—and survived.
The post We Came from Lowly Mud appeared first on Nautilus.
Israeli officials hyped their country’s 5th place Eurovision finish as proof of quiet global grassroots support for their assault on Gaza. Now, they admit they manipulated the results through an international propaganda blitz. On May 11, Israeli candidate Eden Golan took home 5th place at the Eurovision contest in Malmo, Sweden. The decision to allow the Israeli singer to participate sparked heated protests and calls to boycott the event. Against the rancorous backdrop, many were surprised by Golan’s apparent success, […]
The post Israel astroturfed Eurovision vote but lost anyway, govt admits first appeared on The Grayzone.
The post Israel astroturfed Eurovision vote but lost anyway, govt admits appeared first on The Grayzone.
The future of postal services in the UK is again under threat. The current Royal Mail Board have seriously mismanaged the company and have not done enough to move away from the approach of the previous CEO which saw an all out assault on their own employees. An increasingly likely next step for the company […]
