The family stone: Cavemen, trade, and comparative advantage

posted by
August 31, 2011
Foundation for Economic Education
by Richard W. Fulmer  
Posted in Commentary

"Imagine a Stone Age family: Papa Stone, Mama Stone and their two little pebbles.  Suppose that, as befits pre-women’s-lib Neanderthals, Papa Stone is initially more competent at every prehistoric survival skill: hunting, fishing, nut and berry gathering, fire building, tool making.  Despite his superior talents, it does not make sense for other family members to sit around waiting for him to do everything." (08/31/11)  

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