About

This is the blog Gains from Trade, run by Milo King (introduction) and Michael Tontchev (introduction). Its title is derived from the term “gains from trade”, referring to the net benefits to participants in voluntary transactions.

The concept of gains from trade is among the most important in economics. Trade enables the division of labor, and the coordination of individuals and the capital they control to meet the needs of others. We seek to keep in mind the importance of trade and its benefits on this blog, and express them to others.

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