This article explores how the comparative advantage economics concept defined by David Ricardo applies to startups in different scenarios.

Comparative advantage is real, but it won’t stop A.I. from taking over everything if it’s better at everything and computing keeps getting cheaper, Restrepo said.

One common oversimplification is that it’s just about countries making and trading what they’re best at. Yes, but there’s a bit more to it.

I hypothesize that social trust generates a comparative advantage in industries with more autonomous micro production environments. I employ individual-level data on work autonomy to construct a ...

We exploit Japan’s sudden and complete opening up to international trade in the 1860s to test the empirical validity of one of the oldest and most fundamental propositions in economics: the theory of ...