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Economics

Trade, and Who It Hurts

The one non-obvious truth, and the compensation nobody pays

Ricardo · Stolper · Autor · 3 chapters · 12 min read

The one non-obvious truth, the compensation nobody pays, and a phone made in thirty countries.

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  1. 01True and Non-ObviousOn the one proposition in economics that is both true and non-obvious.
  2. 02The Compensation Nobody PaysOn the compensation that the theory allows for and nobody pays.
  3. 03Efficiency Is FragilityOn a phone made in thirty countries, and why efficiency is the same thing as fragility.