A friend of mine, Sara Lingafelter (@ theclimbergirl) (check out her rock climbing blog for great insights into what it’s like to be addicted to climbing), recently pointed me toward a loose, conversational podcast called ConfabShow. Out of curiosity, I listened to the show that she participated in, ...

7 days ago · nuudl: Living Social Media · nuudl.com by admin 2 references

Many people fear the global economy and free trade, but in reality free trade and globalization provide more prosperity for all. Protectionism is only certain industries and their workers trying to rescue themselves from cheaper and better foreign competition at the expense of the consumer. Nick als ...

43 days ago · Rational Rants with Nick ... · commonsensemag.com by Nick Pardini 2 references

We’ve been discussing goals this week. We discovered that they can have profoundly positive – or negative – effects on a group. One factor that determines which way those scales tip is where the goals come from. We also looked briefly at how goals can discipline action and even generate a chain of “ ...

43 days ago · Managing Leadership · managingleadership.com/blog by Jim Stroup 103 references

The first name that an Economics student is likely to encounter is Adam Smith. The second name is usually David Ricardo, the proponent of Comparative Advantage. As a quick summary, Comparative Advantage states that even if a country makes every possible good more efficiently than other countries, it ...

49 days ago · DumbAgent.com · dumbagent.com by Ocean 1 reference

When it comes to business and relationships, I don't buy this idea of diversification. It neglects comparative advantage. The best way to lower risk is to specialize: Put the things you love into one portfolio. Zhang Xin, co-founder and CEO, Soho China, "'The Best Advice I Ever Got'," Fortune, May 1 ...

75 days ago · Notable and Quotable... in ... · notableandquotable.blogspot.com by Kevin Duffy 4 references

The Cambodian government has announced that is plans to become one of the world’s largest rice exporters according to ABC. The Cambodia government’s plan is to export 8 million tons of rice annually by 2015. As affordable food continues to become one of the biggest global issues, there is a distinct ...

79 days ago · Cambodia - International ... · cambodiablogspot.com by cbs 1 reference

FT.com / World / Americas - US economy threatens Dominican Republic Trade based on comparative advantage… the theory originally articulated by Adam Smith, later fine-tuned by David Ricardo, the theory that suggests that if each nation specializes its economic activity on the products for which it fa ...

85 days ago · Welker's Wikinomics Blog · welkerswikinomics.com/blog by Jason Welker 14 references

On March 3, 2008, a conference on Afrika’s brain drain (particularly of medical professionals) opened in Kampala, Uganda. The conference aimed to highlight the desperate medical needs of the continent, and how the lure of better pay in the West prevented Afrika from meeting those needs. I have heard ...

121 days ago · Project New Palmares · lionsroar.wordpress.com by The Precision Afrikan

On March 3, 2008, a conference on Afrika's brain drain (particularly of medical professionals) opened in Kampala, Uganda. The conference aimed to highlight the desperate medical needs of the continent, and how the lure of better pay in the West prevented Afrika from meeting those needs. I have heard ...

121 days ago · Project New Palmares · newpalmares.blogspot.com by The Precision Afrikan 1 reference

America needs to regain the fundamentals of a strong economy for a number of important reasons. National socio-economic health, political and diplomatic influence in the world for trade, defense, and standard of living all depend on a fundamentally strong economy. The fundamentals of a strong econom ...

128 days ago · KEN MOYES' Weblog · brokengovernment.wordpress.com by Kenneth Moyes 1 reference