Due to these concerns, lorazepam use is generally only recommended for up to two to four weeks. Lorazepam was initially patented in 1963 and went on sale in the United States in 1977. It is on the World Health Organization's List of Essential Medicines, the most effective and safe medicines needed in a health system.
David Ricardo, the British economist who invented the theory of comparative advantage in 1817, actually knew about this problem perfectly well, and wrote about it in his book on the subject. So there's no excuse for modern economists to ignore it. Dubious Assumption #6: Short-term efficiency causes long-term growth.
Comparative Advantage. Yes! If Lance Armstrong is the best cyclist and the best typist, while Susie Smith is a weak cyclist and a moderate typist, who should do which task? Comparative advantage is when a person can produce something at a lower cost than anyone else In this scenario, Susie has the comparative advantage because it cost her less (in giving up a weak cycling skill) to perform the typing. Comparative Advantage In order to find peopleâs comparative advantage you DO NOT compare their absolute advantage.