I, Pencil Extended Commentary: Trade & Specialization

22 Dec 2015 1 Comment

by Jim Rose in applied price theory, industrial organisation, international economics, survivor principle Tags: , ,

I, Pencil Extended Commentary: Creative Destruction

19 Dec 2015 Leave a comment

by Jim Rose in applied price theory, economic history, entrepreneurship, industrial organisation, survivor principle, technological progress Tags: , , , , ,

The Hockey Stick of Human Prosperity

22 Jul 2014 Leave a comment

On a timeline of human history, the standard of living resembles a hockey stick – flatlining and then skyrocketing in just the last few centuries.

Specialization and trade explains the astonishing growth of productivity and output in such a short amount of time—after millennia of famine, low life expectancy, and incurable disease

Video by Jim Rose

Schumpeter on the narrow talents of the entrepreneur

20 Jul 2014 Leave a comment

Image by Jim Rose

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