Gottfried Haberler's 1930 Reformulation of Comparative Advantage in Retrospect

@article{Bernhofen2005GottfriedH1,
  title={Gottfried Haberler's 1930 Reformulation of Comparative Advantage in Retrospect},
  author={Daniel M. Bernhofen},
  journal={Wiley-Blackwell: Review of International Economics},
  year={2005}
}
In 1930 Gottfried Haberler freed the doctrine of comparative advantage from its association with David Ricardo's labor theory of value and provided us with its modern opportunity-cost formulation. Haberler's reformulation of comparative advantage revolutionized the theory of international trade and laid the conceptual foundation of modern trade theory. On the occasion of its 75th anniversary, a symposium has been organized to reflect on and celebrate one of the most durable and fruitful ideas… Expand

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