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• David Ricardo was an important English economist, contributing ideas on comparative advantage and Ricardian Equivalence.
• The Nullification Proclamation, written by Edward Livingston, argues against nullification and secession during the nullification crisis of the 1830s.
• An Essay on Economic Theory by Richard Cantillon is an early work in political economy that influenced David Hume and Adam Smith.
• Severe inflation in the Weimar Republic occurred in 1921 to 1923 – one of the worst hyperinflations in history.
• The American Civil War was a four-year sectional conflict in which eleven Southern states attempted to secede from the United States.

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