Wednesday, August 12, 2009

AP Economics: Comparative Advantage

The lesson When Disaster Strikes, What Can We Do? focuses on comparative advantage.


Ian Hunter, "How's Your House?"




The song is downloadable at the New Orleans Musicians Relief Fund (NOMRF.org) to help displaced musicians. Song Courtesy of Yep Roc Records, Video by Grewvia. Posted for educational purposes only, copyright remains with the original owner.


The idea that Americans organized themselves, joined associations, and addressed disasters more than other nations, in particular more than Europeans, was noted in particular by Alexis de Tocqueville in his classic work, Democracy in America.


Cf. Stone, 42, 43f, 645-646, 645f.


Bade and Parkin, Chapter 3.5, 34.2.


Cf. Open Yale Courses produced a video on Tocqueville for the Introduction to Political Philosophy (PLSC 114).


Video source: Yale University 2009, some rights reserved. Unless otherwise indicated in the credits section of certain lecture pages, all content on this website is licensed under a Creative Commons License.

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