David Ricardo: Difference between revisions
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Perhaps his most important contributions were the law of [[Comparative Advantage]], a fundamental argument in favour of free trade among countries and of specialization among individuals, and the [[Ricardian Equivalence]], an argument suggesting that in some circumstances a government's choice of how to pay for its spending (i.e., whether to use tax revenue or issue debt and run a deficit) might have no effect on the economy. | Perhaps his most important contributions were the law of [[Comparative Advantage]], a fundamental argument in favour of free trade among countries and of specialization among individuals, and the [[Ricardian Equivalence]], an argument suggesting that in some circumstances a government's choice of how to pay for its spending (i.e., whether to use tax revenue or issue debt and run a deficit) might have no effect on the economy. | ||
==External links== | |||
* [[Wikipedia:David Ricardo|David Ricardo]] on Wikipedia | |||
* [http://www.econlib.org/library/Enc/bios/Ricardo.html David Ricardo] on the The Concise Encyclopedia of Economics | |||
* [http://oll.libertyfund.org/?option=com_staticxt&staticfile=show.php%3Ftitle=1395&Itemid=27 The Works of David Ricardo], 1846, from the Online Library of Liberty | |||
* [http://oll.libertyfund.org/title/159 The Works and Correspondence of David Ricardo (Sraffa edition) 11 vols] at the Online Library of Liberty | |||
* [http://mises.org/humanaction/chap8sec4.asp The Ricardian Law of Association] from the [[Human Action]] by Ludwig von Mises | |||
* [http://mises.org/daily/2802 Meeting Ricardo in the Stables] by Susan Hogarth, December 2007 | |||
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{{DEFAULTSORT:Ricardo, David}} | {{DEFAULTSORT:Ricardo, David}} | ||
[[Category:Economists]] | [[Category:Economists]] | ||
Revision as of 22:35, 24 November 2010
David Ricardo (19 April 1772 – 11 September 1823) was one of the most influential English classical political economists. He was also a member of Parliament, businessman and financier.
Perhaps his most important contributions were the law of Comparative Advantage, a fundamental argument in favour of free trade among countries and of specialization among individuals, and the Ricardian Equivalence, an argument suggesting that in some circumstances a government's choice of how to pay for its spending (i.e., whether to use tax revenue or issue debt and run a deficit) might have no effect on the economy.
External links
- David Ricardo on Wikipedia
- David Ricardo on the The Concise Encyclopedia of Economics
- The Works of David Ricardo, 1846, from the Online Library of Liberty
- The Works and Correspondence of David Ricardo (Sraffa edition) 11 vols at the Online Library of Liberty
- The Ricardian Law of Association from the Human Action by Ludwig von Mises
- Meeting Ricardo in the Stables by Susan Hogarth, December 2007