Transport Costs and Borders
This site has a description of a classroom game that
illustrates the logic of Hotelling's model:
www.marietta.edu/~delemeeg/expernom/Fall2002/eber.html
Roger McCain's Essential Principles of Economics: A
Hypermedia Text has a thorough exposition of
monopolistic competition. The link below is the first of
several pages:
faculty.lebow.drexel.edu/McCainR//top/prin/txt/Imch/MC1.html
Alan Blinder explains the case for free trade in this
essay in The Concise Encyclopedia of Economics:
www.econlib.org/library/Enc/FreeTrade.html
(Since he wrote this piece, he has had some second thoughts,
worrying that the transition costs may sometimes be
unacceptably large:
online.wsj.com/public/article/SB117500805386350446-cRRynUb3zQgR2Yxn8wFOt96EOlE_20070404.html?mod=blogs
)
Paul Krugman, who won a Nobel Prize in economics for his work on international trade theory, shows why he is one of the most effective
polemicist among economists as he takes to task scholars who
write about international trade without understanding the
concept of comparative advantage:
www.slate.com/id/1916 and
web.mit.edu/krugman/www/ricardo.htm
Jagdish Bhagwati expounds on protectionism and fair trade
in this contribution in The Concise Encyclopedia of
Economics:
www.econlib.org/library/Enc/Protectionism.html
These links were checked on July 5, 2008.
Copyright
Robert Schenk
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