David Ricardo, born in 1772, became interested in economics at the age of 27 after a chance reading of Adam Smith’s The Wealth of Nations (1776). Ricardo did not become a full-time professional ...
If David Ricardo had lived beyond the age of 51, how might he have delivered a lecture on comparative advantage? I argue that Ricardo infers the direction of comparative advantage and the size of the ...
David Ricardo (1772-1823) was one of the most influential economic theorists of the first half of the nineteenth century. Born in London, England, his father’s family were orthodox Jews originally ...
Last week was the 200th anniversary of the most counterintuitive idea in economics. On April 18, 1817, David Ricardo published On the Principles of Political Economy and Taxation, in which Ricardo ...
Log-in to bookmark & organize content - it's free! British Conservative Party member Owen Paterson delivered remarks on the state of negotiations for the U.K.'s exit from the European Union (also ...
What do sugar and pogo sticks have in common? Not much, unless you want to use pogo sticks to illuminate a concept, broadly accepted by most of humanity, known as comparative advantage. In this ...
One of the greatest economists who ever lived was also one of the earliest -- and most successful -- quants. David Ricardo (1772-1823) developed principles of trade and monetary theory that helped lay ...
Melvyn Bragg and guests discuss one of the most influential economists from the age of Adam Smith and Thomas Malthus. Ricardo (1772 -1823) reputedly made his fortune at the Battle of Waterloo, and he ...
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