In economics we use a term called comparative advantage: Generally speaking, it is the theory that countries should specialize in the production of goods and services they can produce most efficiently. Sounds simple enough, right? It is often linked to that taboo word, globalization. While globalization is largely responsible for increasing the prosperity not only in the United States but also in developing countries, it still has its critics. A prime example is nuclear power and the French. An article in today’s Tennessean reports that Tennessee Valley Authority awarded the …
