Saturday, June 25, 2005

One good idea leads to others...

An interesting application of Adam Smith's "absoute advantage" and David Ricardo's "comparative advantage" theories for the benefit of trading is presented in www.blackenterprise.com (Michigan, USA).

The authors apply this to the education of people. Instead of focussing on what people are weak in, they advocated using different strengths of teachers and coaches in a team effort rather than trying for teachers and coahes who are required to cover everything (some of which they themselves will be weaker in).

Nothing wrong with their approach - it's just novel, that's all.

2 Comments:

Blogger rasko1 said...

A "r" is missing in the link

10:06 pm  
Blogger Gavin Kennedy said...

Many thanks rasko1. It is important to get it right because the long article explaining the application to education is most interesting and persuasive.

6:27 pm  

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