Ricardian
   HOME
*





Ricardian
Ricardian may refer to: * A follower of Ricardian economics, named after economist David Ricardo (1772–1823) * Ricardian (Richard III) Ricardians are people interested in altering the posthumous reputation of King Richard III of England (reigned 1483–1485). Richard III has long been portrayed unfavourably, most notably in William Shakespeare's play ''Richard III'', in which R ...
, a defender of the reputation of King Richard III of England {{disambiguation ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Ricardian Economics
Ricardian economics are the economic theories of David Ricardo, an English political economist born in 1772 who made a fortune as a stockbroker and loan broker.Henderson 826Fusfeld 325 At the age of 27, he read '' An Inquiry into the Nature and Causes of Wealth of Nations'' by Adam Smith and was energized by the theories of economics. His main economic ideas are contained in ''On the Principles of Political Economy and Taxation'' (1817). This set out a series of theories which would later become theoretical underpinnings of both Marx's ''Das Kapital'' and Marshallian economics, including the theory of economic rent, the labour theory of value and above all the theory of comparative advantage. Ricardo wrote his first economic article ten years after reading Adam Smith and ultimately, the "bullion controversy" gave him fame in the economic community for his theory on inflation in 19th-century England. This theory became known as monetarism, the theory that excess currency leads ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]