Comments on: Increasing and Diminishing Returns – Africa’s Opportunity to Develop /2018/07/26/increasing-and-diminishing-returns-africas-opportunity-to-develop/ A Critical Perspective On Development Economics Tue, 08 Jan 2019 08:56:50 +0000 hourly 1 http://wordpress.com/ By: Nathanael Nerode /2018/07/26/increasing-and-diminishing-returns-africas-opportunity-to-develop/comment-page-1/#comment-1556 Tue, 08 Jan 2019 08:56:50 +0000 http://developingeconomics.org/?p=3576#comment-1556 I just found this. I have been astounded for decades at the continued teaching of “comparative advantage”, a theory which is plainly false and has been disproven by every possible natural experiment in all of history, in economics classes in colleges. It is bizarre that this flat-out false idea is treated as if it is actual economics. But when I bring this up I never get any response from the professional economists. They don’t defend it (they can’t — every scrap of data in the world proves comparative advantage false) — but they also won’t just admit that it is false. I have often wondered why.

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