Gottfried von Haberler (German: [ˈhaːbɐlɐ]; July 20, 1900 – May 6, 1995) was an Austrian-American economist. He worked in particular on international trade. One of his major contributions was reformulating the Ricardian idea of comparative advantage in a neoclassical framework, replacing the outdated labor theory of value with the modern opportunity cost concept.Haberler was born in Austria-Hungary in 1900, and was educated in the Austrian School of economics.
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