David Ricardo

  1. English economist who argued that the laws of supply and demand should operate in a free market (1772-1823)
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How To Use David Ricardo In A Sentence

  • The basis for international trade between countries can be explained in terms of the economist David Ricardo's theory of comparative costs.
  • This model begins with the entrepreneur diligence and the suggestion of venture capital companies, constructs two-period enterprise life cycle mode on the foundation of David Ricardo production model.
  • My favorite is example is his "Ricardo's Difficult Idea," published in the mid-1990s, in which he shares a frustration many of us economists have felt -- that the vast majority of noneconomist intellectuals don't understand David Ricardo's famous insight about free trade almost 200 years ago. Krugman Helped Us Understand Trade
  • But David Ricardo took Adam Smith's theory of absolute advantage one step further.
  • Adam Smith or David Ricardo rarely used the term "economy" alone. Christopher Holshek: London Calling
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