David Ricardo

David Ricardo (19 April 1772 – 11 September 1823) was a English classical political economists, a member of Parliament, a businessman and a financier.

Important contributions include the law of Comparative Advantage, a fundamental argument for free trade and of specialization of labor; 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.

Published Works

• The High Price of Bullion a Proof of the Depreciation of Bank Notes (1809)
• Proposals for an Economical and Secure Currency (1816)
• Principles of Political Economy and Taxation (1817)
• On Protection to Agriculture (1822)
• Plan for the Establishment of a National Bank (posthumously, 1824)

External links

• 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
• David Ricardo on Wikipedia