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David Ricardo (18 April 1772 – 11 September 1823) was a British political economist, politician, and member of the Parliament of Great Britain and Ireland. He is recognized as one of the most influential classical economists , alongside figures such as Thomas Malthus , Adam Smith and James Mill .
Sep 1, 2023 · Learn about David Ricardo, a classical economist who developed the theory of comparative advantage, labor theory of value, and theory of rents. Find out his life story, achievements, and publications in this comprehensive article.
David Ricardo, English economist who gave systematized, classical form to the rising science of economics in the 19th century. His laissez-faire doctrines were typified in his Iron Law of Wages, which stated that all attempts to improve the real income of workers were futile.
Jan 18, 2024 · Learn about the life and legacy of David Ricardo, a prominent 19th century economist and trader who developed the principle of comparative advantage. Explore his contributions to economic theory, his opposition to the Corn Laws, and his influence on free trade and globalization.
D avid Ricardo was one of those rare people who achieved both tremendous success and lasting fame. After his family disinherited him for marrying outside his Jewish faith, Ricardo made a fortune as a stockbroker and loan broker. When he died, his estate was worth more than $100 million in today’s dollars.
David Ricardo, (born, April 18/19, 1772, London, Eng.—died Sept. 11, 1823, Gatcombe Park, Gloucestershire), British economist. The son of a Dutch Jew, he followed his father into the London stock exchange, where he made a fortune before turning to the study of political economy, in which he was influenced by the writings of Adam Smith .
Jul 17, 2023 · Learn the major historical figures who first described the effects of international trade: Adam Smith, David Ricardo, and Robert Torrens. Historical Overview The theory of comparative advantage is perhaps the most important concept in international trade theory.
