As a wine writer who visits vineyards around the world, I’ve wandered through the sun-drenched hills of Paso Robles, sipped Riesling in Germany’s steep-sloped Mosel Valley, and strolled the vineyards ...

Liberal thinkers are shocked that nations are once again isolating from the world. The real surprise would be if they didn’t ...

Ever since a British thinker and politician called David Ricardo outlined a revolutionary idea of “comparative advantage” in 1817, using an example of Portuguese wine and English cloth ...

From absolute advantage to comparative advantage. David Ricardo (1772-1823) went one step further with his theory of “comparative advantage”. The London-born stockbroker-turned economist illustrated ...

Ricardo used a simple illustrative example of a world of just two countries, England and Portugal and in which there are only two commodities, cloth and wine. If England could produce cloth more ...

On Wall Street, where the S. & P. 500 declined by about eight per cent in the weeks leading up to “Liberation Day,” futures prices fell sharply on Wednesday evening after Trump spoke.

The cloth and wine example was used by the stockbroker-turned-economist David Ricardo in 1817 to explain why freer international trade benefited all countries, ...

On the bright side, maybe Democrats and Republicans will be chastened. Trump’s spree holds lessons for Democrats about presidential power and for Republicans about trade.

Writer Nat Dyer on how David Ricardo's abstract models pushed economics into fantasy ... Essentially it said, OK, two countries, two commodities: England and Portugal, trading cloth and wine.

Writer Nat Dyer on how David Ricardo's abstract models pushed economics into fantasy — and we all paid the price ...

Part I studies the life and influence of the stock trader and economist David Ricardo (1772-1823). ... He imagined a world of “trade between two countries to be confined to two commodities — wine and ...