stackyFACTSIn fictional wastelands, the most valuable commodity is literally garbage. You can apparently buy heavy weaponry with enough discarded soda tops.
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Even if your neighbor is better at both making shoes and baking bread, comparative advantage says they should still focus entirely on whichever one they are…
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Fake coffee has an incredibly successful market share. During past blockades, people realized that roasting and grinding the root of the chicory weed produced…
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For centuries, nations operated under the myth that the only way to get richer was to aggressively steal someone else's slice of the pie. This zero-sum…
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Instead of simply making better products, authorities just strictly limit how many rival products are legally allowed across the border. Quotas cap the exact…
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Economists love trapping abstract human desires inside literal geometry. The Edgeworth box is a theoretical diagram used to show how two people with different…
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Global trade is wildly asymmetrical, meaning massive steel boxes pile up where they are useless. Countries that import far more physical goods than they…
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