For the best part of two centuries, the principle of “comparative advantage” has been a foundation stone of economists’ understanding of international trade, both of why it occurs in the first place ...

A comparative advantage can be something inherent, in the way a person’s height might make them better at basketball. It can also be developed and improved, the way one basketball player can become ...

China already has de facto stablecoins in the form of WeChat Pay and Alipay, a top economist at the country’s leading investment bank has argued – amid growing calls for Beijing to quickly adapt to ...

On 2 April, President Donald Trump didn’t just shock the world with his reciprocal tariffs announcement—he also upended 200 years of trade wisdom. Most of us take free trade and global supply chains ...

Humans have dominated the planet by telling stories; Yuval Noah Harari says we may soon no longer hold the pen Unlike the fictional Homo economicus, the hyperrational model used to explain our ...

Staple Theory is a weekly look at Canada’s resource economy and the forces that shape it. Read it first in the FP Economy newsletter. David Ricardo (1772-1823) popularized the idea at the core of all ...

As calls grow for Beijing to embrace digital currencies, e-payment giants seen as aiding yuan's global push China already has de facto stablecoins in the form of WeChat Pay and Alipay, a top economist ...