A discussion of the notion of trade and exchange, including the purpose of these activities, the gains from trade, and the role of comparative advantage. I also examine some recent trends in global trade, and briefly discuss some of the major global trade institutions such as the WTO and World Bank and their role in attempting to reduce trade barriers. The episode concludes with a brief discussion of the concept of 'Buy Local'. Recommended pre-listening is Episode 12: The Price System.
More Episodes
Episode 109: Weather Part I
2020-08-02
26.2k
2020-08-02
26.2k
Episode 108: Political Institutions and Sustained Economic Growth
2020-07-01
13.7k
2020-07-01
13.7k
Episode 106: Theories of Economic Growth and Development
2020-05-31
14.6k
2020-05-31
14.6k
Special Episode: Mario Livio on Galileo
2020-05-16
12.6k
2020-05-16
12.6k
Episode 105: Agriculture, Urbanisation, and Structural Change
2020-04-30
13.8k
2020-04-30
13.8k
Episode 104: The History of the World Economy and Growth
2020-04-13
16.3k
2020-04-13
16.3k
Episode 103: Introduction to Economic Growth and Global Poverty
2020-03-31
20.1k
2020-03-31
20.1k
Episode 102: Photosynthesis Part II
2020-03-11
15.8k
2020-03-11
15.8k
Episode 101: Photosynthesis Part I
2020-02-27
27.4k
2020-02-27
27.4k
Special Episode: History and Future of the Show
2020-02-12
15.1k
2020-02-12
15.1k
Episode 100: Unsolved Problems in Science
2020-01-19
40.2k
2020-01-19
40.2k
Episode 99: Plant Reproduction and Fruit
2020-01-06
19.1k
2020-01-06
19.1k
Episode 98: Electromagnetic Radiation
2018-12-28
43.2k
2018-12-28
43.2k
Episode 97: Plant Structure and Function
2018-06-27
23.7k
2018-06-27
23.7k
Special Episode - Jared Bauer on Science and Philosophy in Movies
2018-04-03
14.6k
2018-04-03
14.6k
Episode 93: How Computers Work Part III - Logic Gates and Components
2018-01-20
20.0k
2018-01-20
20.0k
Get this podcast on your
phone, FREE
