News

David Ricardo, born in 1772, became interested in economics at the age of 27 after a chance reading of Adam Smith’s The Wealth of Nations (1776). Ricardo did not become a full-time professional ...
Learn about our editorial policies Adam Smith was an 18th-century ... through the Great Depression. Smith's ideas are evident in the work of David Ricardo and Karl Marx in the 19th century ...
David Ricardo published "On the Principles of Political Economy and Taxation" on April 19 1817. This is the work that described the principle of comparative advantage and thus explained to us all ...
This is a time-honored way of thinking about tariffs, but it is one that has lost ground over the past couple of centuries, as economists built on the ideas of Adam Smith and David Ricardo to come ...
They have been staunch advocates of free trade dating back to Adam Smith and David Ricardo. Throughout the post-war era, their guiding principle has been that the gains from trade outweigh the costs.
David is comprehensively experienced in many ... an influential text published by Scottish philosopher and economist Adam Smith in 1776. Its full title is "An Inquiry into the Nature and Causes ...