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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 · David Ricardo (1772–1823) was a classical economist best known for his theory on wages and profit, the labor theory of value, the theory of comparative advantage, and the theory of rents. David...
Jul 11, 2024 · 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.
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.
Jul 17, 2023 · Learn the major historical figures who first described the effects of international trade: Adam Smith, David Ricardo, and Robert Torrens.
Jan 18, 2024 · David Ricardo’s story is more than a tale of financial success and intellectual prowess; it’s a narrative that illustrates the power of curiosity and the impact of economic thought on policy and global trade.
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 .