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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.
Apr 3, 2024 · David Ricardo was an 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 and that wages.
Sep 1, 2023 · David Ricardo was a classical economist who developed several key theories that remain influential in economics, such as the theory of comparative advantage, the labor theory of value, and the theory of rents. He also discovered the law of diminishing marginal returns and wrote about the influence of trade and politics on the economy. Learn more about his life, education, achievements, and published works.
Encyclopedia. / David Ricardo. David Ricardo. 1772-1823. 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.
Mar 14, 2024 · Learn about the economic theory of comparative advantage, created by British economist David Ricardo in the 19th century. It explains how countries can trade and specialize based on their different costs and opportunities.
Jun 11, 2018 · Learn about the life and work of David Ricardo, a prominent British economist and stockbroker who influenced the development of classical political economy. Explore his contributions to the theory of value, distribution, rent, capital, and currency.
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.
