David Ricardo

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