Trade - Deepstash

Trade

The book raises the concept of trade, not only of goods, but of ideas, knowledge, technologies, philosophies, arts, medicine, science, theory…

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Similar ideas to Trade

Trade Deficits

Trade Deficits

Trade Deficits happen when the value of a country's imports exceeds the value of its exports. The imports and exports include goods, physical products, and services. 

It's not inherently good or bad but trade deficits can actually be a sign of a strong economy and under certain conditions c...

The role of Science

The role of Science

Science is not about prediction. But explanations. Predictions are used to validate new explanations.

  • Knowledge that is both familiar and uncontroversial is background knowledge
  • A predictive theory whose explanatory content consists only of b...

An active approach

If you not only want to learn the facts, but you also want to use what you learn, then you need to use the information as you learn it.

Actively using and applying the book knowledge has a far better outcome than only learning the theory.

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