[johnhenry07]

Dr. Herbener,

I was curious if there are any current controversies surrounding the acceptance of the law of comparative advantage and its universal applicability? I am a history student with an interest in economic development in England, and I am often shocked while reading very reputable authors on the subject that there is never any mention of this concept. There may, at times, be some vague reference to a particular location having some natural advantage to explain the locale of some industry, but never a mention of the law of association within a discussion of regionalization/division of labor or wealth creation. I’d be interested to hear why you think this might be. Thanks for your time!

[jmherbener]

Not too long ago, Paul Craig Roberts stirred up a controversy concerning the mobility of capital, comparative advantage, and free trade.

http://www.nytimes.com/2004/01/06/opinion/second-thoughts-on-free-trade.html

http://mises.org/library/free-trade-and-factor-mobility

http://mises.org/library/who-benefits-free-trade-and-how

http://mises.org/library/can-trade-bring-poverty

https://mises.org/library/reply-schumer-and-roberts

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