One of the difficult things in economics is to match theory with reality. Anybody who has taken a basic economics course has learned the theory of comparative advantage and been taught the advantages ...

This article is a wonky edition of Paul Krugman’s free newsletter. You can sign up here to receive it. For many of us, Chad Bown of the Peterson Institute for International Economics — a boutique ...

Lee underscored that re-industrialization requires joint action.

Ironically, with India’s rising share in global foodgrain trade today, the ghost of Ricardo seems to have returned once again ...