They argue that many poor countries wrongly base their development strategies on the principle of comparative advantage (which holds, for instance, that tropical islands should grow bananas and pretty countries promote tourism).

ECONOMIST: Fish out of water

For starters, the idea that value creation is a one-way street from the top to the bottom is not just offensive, but it ignores the principle of comparative advantage, a key breakthrough in market theory.

FORBES: The Fable Of Market Meritocracy