the United States and France
Suppose there are two countries: the United States and France. The peoples of both countries want computers and wine, so that companies of both countries produce these products. Due to economic conditions, the U.S. produces computers that are faster and cheaper, while the wine is bitter and costly. Due to different conditions, France produces wine that is sweet and low cost, while their computers are slow and expensive. As long as trade barriers between the two countries, two separate markets for each product will exist. As a result, consumers in the United States spends more money to buy bad wine, and wasting the money of France, while the purchase of computers slow.
What should both countries? The logical answer is that the two countries should abandon their trade barriers and become a single market: The United States must do more teams, and France must produce more wine. The United States should sell their computers in France, and France must sell their wine to the United States. As a result of trade policy, the people of both countries receive quality products in each category at low prices. Everyone wins. This, in a few simple words, is the economic rationale of globalization and free trade. When countries trade, people usually wins.
Tags: economic rationale, few simple words, hypothetical example, limited supplies, logical answerHistorical evolution
Historical evolution also took philosophy and social sciences, such as science and political economy and law. The main purpose of these efforts, however, is not the study of history for its own sake but for the utilitarian purpose of “learning from the past.” Moreover, as historical studies, for example, law or economics have often been written by lawyers and economists, not by historians. Historians’ dissatisfaction with these accounts is perhaps partly responsible for the negative attitude of the majority, or at least many, historians towards scientific thinking and heir failure to explore the possibilities of a scientific approach has to offer. This “tension” among historians and social scientists is an interesting topic in itself, but would take us far from our main theme.
Indeed, a historical approach gradually developed, covering all the arts and literature, literature and languages, art and music, have all been studied in a historical way. Once again, however, this began as a work of specialists interested in the history of their subjects. Winckeman pioneers like Dr. Burney, Tiraboshi, and their cousin Victor book aims to deepen and broaden the appreciation and understanding of student art, music and literature and philosophy. The emphasis on the historic environment was taken up later by the more or less professional historians.
Tags: american historian, charles a beard, professional historians, rise and fall of rome, victor book