Two important theorists associated with these ideas include Adam Smith and David Ricardo. Classical growth theory was developed by (mostly British) economists during the Industrial Revolution.

The father of comparative advantage, economist David Ricardo ... or anything else. Ricardo's theory of comparative advantage is typically used as the backbone of arguments in favour of free ...

Economists sometimes present their discipline as the queen of the social sciences, a claim staked primarily on a superificial resemblance to physics: It has universal laws! Expressed in numbers!

David Ricardo ... thought of the theory of comparative advantage. For some of the modern thinking about it yes, that horribly wonderful essay by Paul Krugman, Ricardo's Difficult Idea.

David Ricardo, born in 1772 ... the unambiguous and universal benefits of free trade. Ricardo is lesser known for his theories of taxation, which closely track those of Adam Smith. However, his theory ...

A key trade theory turns 200 years old Wednesday ... Published on April 19, 1817, British economist David Ricardo used a now famous example of wine from Portugal versus cloth from England to ...

The theory of Ricardian Equivalence posits that financing public spending out of taxes or borrowing will have the same overall economic consequences. This, David Ricardo argued in 1820 ...