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record</span> </div> </a> <ul id="toc-Parliamentary_record-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Death_and_legacy" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Death_and_legacy"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Death and legacy</span> </div> </a> <ul id="toc-Death_and_legacy-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Ideas" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Ideas"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Ideas</span> </div> </a> <button aria-controls="toc-Ideas-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Ideas subsection</span> </button> <ul id="toc-Ideas-sublist" class="vector-toc-list"> <li id="toc-Banking" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Banking"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.1</span> <span>Banking</span> </div> </a> <ul id="toc-Banking-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Value_theory" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Value_theory"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.2</span> <span>Value theory</span> </div> </a> <ul id="toc-Value_theory-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Rent" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Rent"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.3</span> <span>Rent</span> </div> </a> <ul id="toc-Rent-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Model-making" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Model-making"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.4</span> <span>Model-making</span> </div> </a> <ul id="toc-Model-making-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Ricardo's_theories_of_wages_and_profits" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Ricardo's_theories_of_wages_and_profits"> <div class="vector-toc-text"> <span class="vector-toc-numb">4.5</span> <span>Ricardo's theories of wages and profits</span> </div> </a> <ul id="toc-Ricardo's_theories_of_wages_and_profits-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Ricardian_theory_of_international_trade" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Ricardian_theory_of_international_trade"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>Ricardian theory of international trade</span> </div> </a> <button aria-controls="toc-Ricardian_theory_of_international_trade-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Ricardian theory of international trade subsection</span> </button> <ul id="toc-Ricardian_theory_of_international_trade-sublist" class="vector-toc-list"> <li id="toc-Comparative_advantage" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Comparative_advantage"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.1</span> <span>Comparative advantage</span> </div> </a> <ul id="toc-Comparative_advantage-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-New_interpretation" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#New_interpretation"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.2</span> <span>New interpretation</span> </div> </a> <ul id="toc-New_interpretation-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Protectionism" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Protectionism"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.3</span> <span>Protectionism</span> </div> </a> <ul id="toc-Protectionism-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Technological_change" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Technological_change"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.4</span> <span>Technological change</span> </div> </a> <ul id="toc-Technological_change-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Criticism_of_the_Ricardian_theory_of_trade" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Criticism_of_the_Ricardian_theory_of_trade"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.5</span> <span>Criticism of the Ricardian theory of trade</span> </div> </a> <ul id="toc-Criticism_of_the_Ricardian_theory_of_trade-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Ricardian_equivalence" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Ricardian_equivalence"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>Ricardian equivalence</span> </div> </a> <ul id="toc-Ricardian_equivalence-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Influence_and_intellectual_legacy" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Influence_and_intellectual_legacy"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>Influence and intellectual legacy</span> </div> </a> <button aria-controls="toc-Influence_and_intellectual_legacy-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Influence and intellectual legacy subsection</span> </button> <ul id="toc-Influence_and_intellectual_legacy-sublist" class="vector-toc-list"> <li id="toc-Ricardian_socialists" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Ricardian_socialists"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.1</span> <span>Ricardian socialists</span> </div> </a> <ul id="toc-Ricardian_socialists-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Georgists" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Georgists"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.2</span> <span>Georgists</span> </div> </a> <ul id="toc-Georgists-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Neo-Ricardians" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Neo-Ricardians"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.3</span> <span>Neo-Ricardians</span> </div> </a> <ul id="toc-Neo-Ricardians-sublist" class="vector-toc-list"> <li id="toc-Neo-Ricardian_trade_theory" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Neo-Ricardian_trade_theory"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.3.1</span> <span>Neo-Ricardian trade theory</span> </div> </a> <ul id="toc-Neo-Ricardian_trade_theory-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Evolutionary_growth_theory" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Evolutionary_growth_theory"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.3.2</span> <span>Evolutionary growth theory</span> </div> </a> <ul id="toc-Evolutionary_growth_theory-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Contemporary_theories" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Contemporary_theories"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.3.3</span> <span>Contemporary theories</span> </div> </a> <ul id="toc-Contemporary_theories-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Unequal_exchange" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Unequal_exchange"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.3.4</span> <span>Unequal exchange</span> </div> </a> <ul id="toc-Unequal_exchange-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> </ul> </li> <li id="toc-Publications" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Publications"> <div class="vector-toc-text"> <span class="vector-toc-numb">8</span> <span>Publications</span> </div> </a> <ul id="toc-Publications-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">9</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">10</span> <span>References</span> </div> </a> <button aria-controls="toc-References-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle References subsection</span> </button> <ul id="toc-References-sublist" class="vector-toc-list"> <li id="toc-Citations" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Citations"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.1</span> <span>Citations</span> </div> </a> <ul id="toc-Citations-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Sources" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Sources"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.2</span> <span>Sources</span> </div> </a> <ul id="toc-Sources-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Further_reading" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Further_reading"> <div class="vector-toc-text"> <span class="vector-toc-numb">11</span> <span>Further reading</span> </div> </a> <ul id="toc-Further_reading-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">12</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Toggle the table of contents</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">David Ricardo</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. Available in 83 languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-83" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">83 languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D8%AF%D8%A7%D9%81%D9%8A%D8%AF_%D8%B1%D9%8A%D9%83%D8%A7%D8%B1%D8%AF%D9%88" title="دافيد ريكاردو – Arabic" lang="ar" hreflang="ar" data-title="دافيد ريكاردو" data-language-autonym="العربية" data-language-local-name="Arabic" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-an mw-list-item"><a href="https://an.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Aragonese" lang="an" hreflang="an" data-title="David Ricardo" data-language-autonym="Aragonés" data-language-local-name="Aragonese" class="interlanguage-link-target"><span>Aragonés</span></a></li><li class="interlanguage-link interwiki-ast mw-list-item"><a href="https://ast.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Asturian" lang="ast" hreflang="ast" data-title="David Ricardo" data-language-autonym="Asturianu" data-language-local-name="Asturian" class="interlanguage-link-target"><span>Asturianu</span></a></li><li class="interlanguage-link interwiki-az mw-list-item"><a href="https://az.wikipedia.org/wiki/David_Rikardo" title="David Rikardo – Azerbaijani" lang="az" hreflang="az" data-title="David Rikardo" data-language-autonym="Azərbaycanca" data-language-local-name="Azerbaijani" class="interlanguage-link-target"><span>Azərbaycanca</span></a></li><li class="interlanguage-link interwiki-bn mw-list-item"><a href="https://bn.wikipedia.org/wiki/%E0%A6%A1%E0%A7%87%E0%A6%AD%E0%A6%BF%E0%A6%A1_%E0%A6%B0%E0%A6%BF%E0%A6%95%E0%A6%BE%E0%A6%B0%E0%A7%8D%E0%A6%A1%E0%A7%8B" title="ডেভিড রিকার্ডো – Bangla" lang="bn" hreflang="bn" data-title="ডেভিড রিকার্ডো" data-language-autonym="বাংলা" data-language-local-name="Bangla" class="interlanguage-link-target"><span>বাংলা</span></a></li><li class="interlanguage-link interwiki-ba mw-list-item"><a href="https://ba.wikipedia.org/wiki/%D0%A0%D0%B8%D0%BA%D0%B0%D1%80%D0%B4%D0%BE_%D0%94%D0%B0%D0%B2%D0%B8%D0%B4" title="Рикардо Давид – Bashkir" lang="ba" hreflang="ba" data-title="Рикардо Давид" data-language-autonym="Башҡортса" data-language-local-name="Bashkir" class="interlanguage-link-target"><span>Башҡортса</span></a></li><li class="interlanguage-link interwiki-be mw-list-item"><a href="https://be.wikipedia.org/wiki/%D0%94%D0%B0%D0%B2%D1%96%D0%B4_%D0%A0%D1%8B%D0%BA%D0%B0%D1%80%D0%B4%D0%B0" title="Давід Рыкарда – Belarusian" lang="be" hreflang="be" data-title="Давід Рыкарда" data-language-autonym="Беларуская" data-language-local-name="Belarusian" class="interlanguage-link-target"><span>Беларуская</span></a></li><li class="interlanguage-link interwiki-bg mw-list-item"><a href="https://bg.wikipedia.org/wiki/%D0%94%D0%B0%D0%B2%D0%B8%D0%B4_%D0%A0%D0%B8%D0%BA%D0%B0%D1%80%D0%B4%D0%BE" title="Давид Рикардо – Bulgarian" lang="bg" hreflang="bg" data-title="Давид Рикардо" data-language-autonym="Български" data-language-local-name="Bulgarian" class="interlanguage-link-target"><span>Български</span></a></li><li class="interlanguage-link interwiki-bs mw-list-item"><a href="https://bs.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Bosnian" lang="bs" hreflang="bs" data-title="David Ricardo" data-language-autonym="Bosanski" data-language-local-name="Bosnian" class="interlanguage-link-target"><span>Bosanski</span></a></li><li class="interlanguage-link interwiki-ca mw-list-item"><a href="https://ca.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Catalan" lang="ca" hreflang="ca" data-title="David Ricardo" data-language-autonym="Català" data-language-local-name="Catalan" class="interlanguage-link-target"><span>Català</span></a></li><li class="interlanguage-link interwiki-cs mw-list-item"><a href="https://cs.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Czech" lang="cs" hreflang="cs" data-title="David Ricardo" data-language-autonym="Čeština" data-language-local-name="Czech" class="interlanguage-link-target"><span>Čeština</span></a></li><li class="interlanguage-link interwiki-co mw-list-item"><a href="https://co.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Corsican" lang="co" hreflang="co" data-title="David Ricardo" data-language-autonym="Corsu" data-language-local-name="Corsican" class="interlanguage-link-target"><span>Corsu</span></a></li><li class="interlanguage-link interwiki-cy mw-list-item"><a href="https://cy.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Welsh" lang="cy" hreflang="cy" data-title="David Ricardo" data-language-autonym="Cymraeg" data-language-local-name="Welsh" class="interlanguage-link-target"><span>Cymraeg</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Danish" lang="da" hreflang="da" data-title="David Ricardo" data-language-autonym="Dansk" data-language-local-name="Danish" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – German" lang="de" hreflang="de" data-title="David Ricardo" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-et mw-list-item"><a href="https://et.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Estonian" lang="et" hreflang="et" data-title="David Ricardo" data-language-autonym="Eesti" data-language-local-name="Estonian" class="interlanguage-link-target"><span>Eesti</span></a></li><li class="interlanguage-link interwiki-el mw-list-item"><a href="https://el.wikipedia.org/wiki/%CE%9D%CF%84%CE%AD%CE%B7%CE%B2%CE%B9%CE%BD%CF%84_%CE%A1%CE%B9%CE%BA%CE%AC%CF%81%CE%BD%CF%84%CE%BF" title="Ντέηβιντ Ρικάρντο – Greek" lang="el" hreflang="el" data-title="Ντέηβιντ Ρικάρντο" data-language-autonym="Ελληνικά" data-language-local-name="Greek" class="interlanguage-link-target"><span>Ελληνικά</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Spanish" lang="es" hreflang="es" data-title="David Ricardo" data-language-autonym="Español" data-language-local-name="Spanish" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-eo mw-list-item"><a href="https://eo.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Esperanto" lang="eo" hreflang="eo" data-title="David Ricardo" data-language-autonym="Esperanto" data-language-local-name="Esperanto" class="interlanguage-link-target"><span>Esperanto</span></a></li><li class="interlanguage-link interwiki-eu mw-list-item"><a href="https://eu.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Basque" lang="eu" hreflang="eu" data-title="David Ricardo" data-language-autonym="Euskara" data-language-local-name="Basque" class="interlanguage-link-target"><span>Euskara</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D8%AF%DB%8C%D9%88%DB%8C%D8%AF_%D8%B1%DB%8C%DA%A9%D8%A7%D8%B1%D8%AF%D9%88" title="دیوید ریکاردو – Persian" lang="fa" hreflang="fa" data-title="دیوید ریکاردو" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – French" lang="fr" hreflang="fr" data-title="David Ricardo" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-gl mw-list-item"><a href="https://gl.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Galician" lang="gl" hreflang="gl" data-title="David Ricardo" data-language-autonym="Galego" data-language-local-name="Galician" class="interlanguage-link-target"><span>Galego</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%EB%8D%B0%EC%9D%B4%EB%B9%84%EB%93%9C_%EB%A6%AC%EC%B9%B4%EB%8F%84" title="데이비드 리카도 – Korean" lang="ko" hreflang="ko" data-title="데이비드 리카도" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-ha mw-list-item"><a href="https://ha.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Hausa" lang="ha" hreflang="ha" data-title="David Ricardo" data-language-autonym="Hausa" data-language-local-name="Hausa" class="interlanguage-link-target"><span>Hausa</span></a></li><li class="interlanguage-link interwiki-hy mw-list-item"><a href="https://hy.wikipedia.org/wiki/%D4%B4%D5%A1%D5%BE%D5%AB%D5%A9_%D5%8C%D5%AB%D5%AF%D5%A1%D6%80%D5%A4%D5%B8" title="Դավիթ Ռիկարդո – Armenian" lang="hy" hreflang="hy" data-title="Դավիթ Ռիկարդո" data-language-autonym="Հայերեն" data-language-local-name="Armenian" class="interlanguage-link-target"><span>Հայերեն</span></a></li><li class="interlanguage-link interwiki-hi mw-list-item"><a href="https://hi.wikipedia.org/wiki/%E0%A4%A1%E0%A5%87%E0%A4%B5%E0%A4%BF%E0%A4%A1_%E0%A4%B0%E0%A4%BF%E0%A4%95%E0%A4%BE%E0%A4%B0%E0%A5%8D%E0%A4%A1%E0%A5%8B" title="डेविड रिकार्डो – Hindi" lang="hi" hreflang="hi" data-title="डेविड रिकार्डो" data-language-autonym="हिन्दी" data-language-local-name="Hindi" class="interlanguage-link-target"><span>हिन्दी</span></a></li><li class="interlanguage-link interwiki-hr mw-list-item"><a href="https://hr.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Croatian" lang="hr" hreflang="hr" data-title="David Ricardo" data-language-autonym="Hrvatski" data-language-local-name="Croatian" class="interlanguage-link-target"><span>Hrvatski</span></a></li><li class="interlanguage-link interwiki-io mw-list-item"><a href="https://io.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Ido" lang="io" hreflang="io" data-title="David Ricardo" data-language-autonym="Ido" data-language-local-name="Ido" class="interlanguage-link-target"><span>Ido</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Indonesian" lang="id" hreflang="id" data-title="David Ricardo" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-is mw-list-item"><a href="https://is.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Icelandic" lang="is" hreflang="is" data-title="David Ricardo" data-language-autonym="Íslenska" data-language-local-name="Icelandic" class="interlanguage-link-target"><span>Íslenska</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Italian" lang="it" hreflang="it" data-title="David Ricardo" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-he mw-list-item"><a href="https://he.wikipedia.org/wiki/%D7%93%D7%95%D7%93_%D7%A8%D7%99%D7%A7%D7%90%D7%A8%D7%93%D7%95" title="דוד ריקארדו – Hebrew" lang="he" hreflang="he" data-title="דוד ריקארדו" data-language-autonym="עברית" data-language-local-name="Hebrew" class="interlanguage-link-target"><span>עברית</span></a></li><li class="interlanguage-link interwiki-kbp mw-list-item"><a href="https://kbp.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Kabiye" lang="kbp" hreflang="kbp" data-title="David Ricardo" data-language-autonym="Kabɩyɛ" data-language-local-name="Kabiye" class="interlanguage-link-target"><span>Kabɩyɛ</span></a></li><li class="interlanguage-link interwiki-kn mw-list-item"><a href="https://kn.wikipedia.org/wiki/%E0%B2%A1%E0%B3%87%E0%B2%B5%E0%B2%BF%E0%B2%A1%E0%B3%8D_%E0%B2%B0%E0%B2%BF%E0%B2%95%E0%B2%BE%E0%B2%B0%E0%B3%8D%E0%B2%A1%E0%B3%8B" title="ಡೇವಿಡ್ ರಿಕಾರ್ಡೋ – Kannada" lang="kn" hreflang="kn" data-title="ಡೇವಿಡ್ ರಿಕಾರ್ಡೋ" data-language-autonym="ಕನ್ನಡ" data-language-local-name="Kannada" class="interlanguage-link-target"><span>ಕನ್ನಡ</span></a></li><li class="interlanguage-link interwiki-ka mw-list-item"><a href="https://ka.wikipedia.org/wiki/%E1%83%93%E1%83%94%E1%83%98%E1%83%95%E1%83%98%E1%83%93_%E1%83%A0%E1%83%98%E1%83%99%E1%83%90%E1%83%A0%E1%83%93%E1%83%9D" title="დეივიდ რიკარდო – Georgian" lang="ka" hreflang="ka" data-title="დეივიდ რიკარდო" data-language-autonym="ქართული" data-language-local-name="Georgian" class="interlanguage-link-target"><span>ქართული</span></a></li><li class="interlanguage-link interwiki-kw mw-list-item"><a href="https://kw.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Cornish" lang="kw" hreflang="kw" data-title="David Ricardo" data-language-autonym="Kernowek" data-language-local-name="Cornish" class="interlanguage-link-target"><span>Kernowek</span></a></li><li class="interlanguage-link interwiki-ht mw-list-item"><a href="https://ht.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Haitian Creole" lang="ht" hreflang="ht" data-title="David Ricardo" data-language-autonym="Kreyòl ayisyen" data-language-local-name="Haitian Creole" class="interlanguage-link-target"><span>Kreyòl ayisyen</span></a></li><li class="interlanguage-link interwiki-ky mw-list-item"><a href="https://ky.wikipedia.org/wiki/%D0%94%D0%B0%D0%B2%D0%B8%D0%B4_%D0%A0%D0%B8%D0%BA%D0%B0%D1%80%D0%B4%D0%BE" title="Давид Рикардо – Kyrgyz" lang="ky" hreflang="ky" data-title="Давид Рикардо" data-language-autonym="Кыргызча" data-language-local-name="Kyrgyz" class="interlanguage-link-target"><span>Кыргызча</span></a></li><li class="interlanguage-link interwiki-lad mw-list-item"><a href="https://lad.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Ladino" lang="lad" hreflang="lad" data-title="David Ricardo" data-language-autonym="Ladino" data-language-local-name="Ladino" class="interlanguage-link-target"><span>Ladino</span></a></li><li class="interlanguage-link interwiki-la mw-list-item"><a href="https://la.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Latin" lang="la" hreflang="la" data-title="David Ricardo" data-language-autonym="Latina" data-language-local-name="Latin" class="interlanguage-link-target"><span>Latina</span></a></li><li class="interlanguage-link interwiki-lv mw-list-item"><a href="https://lv.wikipedia.org/wiki/Deivids_Rikardo" title="Deivids Rikardo – Latvian" lang="lv" hreflang="lv" data-title="Deivids Rikardo" data-language-autonym="Latviešu" data-language-local-name="Latvian" class="interlanguage-link-target"><span>Latviešu</span></a></li><li class="interlanguage-link interwiki-lt mw-list-item"><a href="https://lt.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Lithuanian" lang="lt" hreflang="lt" data-title="David Ricardo" data-language-autonym="Lietuvių" data-language-local-name="Lithuanian" class="interlanguage-link-target"><span>Lietuvių</span></a></li><li class="interlanguage-link interwiki-hu mw-list-item"><a href="https://hu.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Hungarian" lang="hu" hreflang="hu" data-title="David Ricardo" data-language-autonym="Magyar" data-language-local-name="Hungarian" class="interlanguage-link-target"><span>Magyar</span></a></li><li class="interlanguage-link interwiki-mk mw-list-item"><a href="https://mk.wikipedia.org/wiki/%D0%94%D0%B0%D0%B2%D0%B8%D0%B4_%D0%A0%D0%B8%D0%BA%D0%B0%D1%80%D0%B4%D0%BE" title="Давид Рикардо – Macedonian" lang="mk" hreflang="mk" data-title="Давид Рикардо" data-language-autonym="Македонски" data-language-local-name="Macedonian" class="interlanguage-link-target"><span>Македонски</span></a></li><li class="interlanguage-link interwiki-mg mw-list-item"><a href="https://mg.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Malagasy" lang="mg" hreflang="mg" data-title="David Ricardo" data-language-autonym="Malagasy" data-language-local-name="Malagasy" class="interlanguage-link-target"><span>Malagasy</span></a></li><li class="interlanguage-link interwiki-ml mw-list-item"><a href="https://ml.wikipedia.org/wiki/%E0%B4%A1%E0%B5%87%E0%B4%B5%E0%B4%BF%E0%B4%A1%E0%B5%8D%E2%80%8C_%E0%B4%B1%E0%B4%BF%E0%B4%95%E0%B5%8D%E0%B4%95%E0%B4%BE%E0%B5%BC%E0%B4%A1%E0%B5%8B" title="ഡേവിഡ്‌ റിക്കാർഡോ – Malayalam" lang="ml" hreflang="ml" data-title="ഡേവിഡ്‌ റിക്കാർഡോ" data-language-autonym="മലയാളം" data-language-local-name="Malayalam" class="interlanguage-link-target"><span>മലയാളം</span></a></li><li class="interlanguage-link interwiki-mr mw-list-item"><a href="https://mr.wikipedia.org/wiki/%E0%A4%A1%E0%A5%87%E0%A4%B5%E0%A5%8D%E0%A4%B9%E0%A4%BF%E0%A4%A1_%E0%A4%B0%E0%A4%BF%E0%A4%95%E0%A4%BE%E0%A4%B0%E0%A5%8D%E0%A4%A1%E0%A5%8B" title="डेव्हिड रिकार्डो – Marathi" lang="mr" hreflang="mr" data-title="डेव्हिड रिकार्डो" data-language-autonym="मराठी" data-language-local-name="Marathi" class="interlanguage-link-target"><span>मराठी</span></a></li><li class="interlanguage-link interwiki-arz mw-list-item"><a href="https://arz.wikipedia.org/wiki/%D8%AF%D8%A7%D9%81%D9%8A%D8%AF_%D8%B1%D9%8A%D9%83%D8%A7%D8%B1%D8%AF%D9%88" title="دافيد ريكاردو – Egyptian Arabic" lang="arz" hreflang="arz" data-title="دافيد ريكاردو" data-language-autonym="مصرى" data-language-local-name="Egyptian Arabic" class="interlanguage-link-target"><span>مصرى</span></a></li><li class="interlanguage-link interwiki-mn mw-list-item"><a href="https://mn.wikipedia.org/wiki/%D0%94%D0%B0%D0%B2%D0%B8%D0%B4_%D0%A0%D0%B8%D0%BA%D0%B0%D1%80%D0%B4%D0%BE" title="Давид Рикардо – Mongolian" lang="mn" hreflang="mn" data-title="Давид Рикардо" data-language-autonym="Монгол" data-language-local-name="Mongolian" class="interlanguage-link-target"><span>Монгол</span></a></li><li class="interlanguage-link interwiki-nl mw-list-item"><a href="https://nl.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Dutch" lang="nl" hreflang="nl" data-title="David Ricardo" data-language-autonym="Nederlands" data-language-local-name="Dutch" class="interlanguage-link-target"><span>Nederlands</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E3%83%87%E3%83%B4%E3%82%A3%E3%83%83%E3%83%89%E3%83%BB%E3%83%AA%E3%82%AB%E3%83%BC%E3%83%89" title="デヴィッド・リカード – Japanese" lang="ja" hreflang="ja" data-title="デヴィッド・リカード" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-no mw-list-item"><a href="https://no.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Norwegian Bokmål" lang="nb" hreflang="nb" data-title="David Ricardo" data-language-autonym="Norsk bokmål" data-language-local-name="Norwegian Bokmål" class="interlanguage-link-target"><span>Norsk bokmål</span></a></li><li class="interlanguage-link interwiki-nn mw-list-item"><a href="https://nn.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Norwegian Nynorsk" lang="nn" hreflang="nn" data-title="David Ricardo" data-language-autonym="Norsk nynorsk" data-language-local-name="Norwegian Nynorsk" class="interlanguage-link-target"><span>Norsk nynorsk</span></a></li><li class="interlanguage-link interwiki-oc mw-list-item"><a href="https://oc.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Occitan" lang="oc" hreflang="oc" data-title="David Ricardo" data-language-autonym="Occitan" data-language-local-name="Occitan" class="interlanguage-link-target"><span>Occitan</span></a></li><li class="interlanguage-link interwiki-uz mw-list-item"><a href="https://uz.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Uzbek" lang="uz" hreflang="uz" data-title="David Ricardo" data-language-autonym="Oʻzbekcha / ўзбекча" data-language-local-name="Uzbek" class="interlanguage-link-target"><span>Oʻzbekcha / ўзбекча</span></a></li><li class="interlanguage-link interwiki-pa mw-list-item"><a href="https://pa.wikipedia.org/wiki/%E0%A8%A1%E0%A9%87%E0%A8%B5%E0%A8%BF%E0%A8%A1_%E0%A8%B0%E0%A8%BF%E0%A8%95%E0%A8%BE%E0%A8%B0%E0%A8%A1%E0%A9%8B" title="ਡੇਵਿਡ ਰਿਕਾਰਡੋ – Punjabi" lang="pa" hreflang="pa" data-title="ਡੇਵਿਡ ਰਿਕਾਰਡੋ" data-language-autonym="ਪੰਜਾਬੀ" data-language-local-name="Punjabi" class="interlanguage-link-target"><span>ਪੰਜਾਬੀ</span></a></li><li class="interlanguage-link interwiki-pnb mw-list-item"><a href="https://pnb.wikipedia.org/wiki/%DA%88%DB%8C%D9%88%DA%88_%D8%B1%DB%8C%DA%A9%D8%A7%D8%B1%DA%88%D9%88" title="ڈیوڈ ریکارڈو – Western Punjabi" lang="pnb" hreflang="pnb" data-title="ڈیوڈ ریکارڈو" data-language-autonym="پنجابی" data-language-local-name="Western Punjabi" class="interlanguage-link-target"><span>پنجابی</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Polish" lang="pl" hreflang="pl" data-title="David Ricardo" data-language-autonym="Polski" data-language-local-name="Polish" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Portuguese" lang="pt" hreflang="pt" data-title="David Ricardo" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ro mw-list-item"><a href="https://ro.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Romanian" lang="ro" hreflang="ro" data-title="David Ricardo" data-language-autonym="Română" data-language-local-name="Romanian" class="interlanguage-link-target"><span>Română</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/%D0%A0%D0%B8%D0%BA%D0%B0%D1%80%D0%B4%D0%BE,_%D0%94%D0%B0%D0%B2%D0%B8%D0%B4" title="Рикардо, Давид – Russian" lang="ru" hreflang="ru" data-title="Рикардо, Давид" data-language-autonym="Русский" data-language-local-name="Russian" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-sah mw-list-item"><a href="https://sah.wikipedia.org/wiki/%D0%94%D0%B0%D0%B2%D0%B8%D0%B4_%D0%A0%D0%B8%D0%BA%D0%B0%D1%80%D0%B4%D0%BE" title="Давид Рикардо – Yakut" lang="sah" hreflang="sah" data-title="Давид Рикардо" data-language-autonym="Саха тыла" data-language-local-name="Yakut" class="interlanguage-link-target"><span>Саха тыла</span></a></li><li class="interlanguage-link interwiki-sq mw-list-item"><a href="https://sq.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Albanian" lang="sq" hreflang="sq" data-title="David Ricardo" data-language-autonym="Shqip" data-language-local-name="Albanian" class="interlanguage-link-target"><span>Shqip</span></a></li><li class="interlanguage-link interwiki-simple mw-list-item"><a href="https://simple.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Simple English" lang="en-simple" hreflang="en-simple" data-title="David Ricardo" data-language-autonym="Simple English" data-language-local-name="Simple English" class="interlanguage-link-target"><span>Simple English</span></a></li><li class="interlanguage-link interwiki-sk mw-list-item"><a href="https://sk.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Slovak" lang="sk" hreflang="sk" data-title="David Ricardo" data-language-autonym="Slovenčina" data-language-local-name="Slovak" class="interlanguage-link-target"><span>Slovenčina</span></a></li><li class="interlanguage-link interwiki-sl mw-list-item"><a href="https://sl.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Slovenian" lang="sl" hreflang="sl" data-title="David Ricardo" data-language-autonym="Slovenščina" data-language-local-name="Slovenian" class="interlanguage-link-target"><span>Slovenščina</span></a></li><li class="interlanguage-link interwiki-ckb mw-list-item"><a href="https://ckb.wikipedia.org/wiki/%D8%AF%DB%95%DB%8C%DA%A4%DB%8C%D8%AF_%DA%95%DB%8C%DA%A9%D8%A7%D8%B1%D8%AF%DB%86" title="دەیڤید ڕیکاردۆ – Central Kurdish" lang="ckb" hreflang="ckb" data-title="دەیڤید ڕیکاردۆ" data-language-autonym="کوردی" data-language-local-name="Central Kurdish" class="interlanguage-link-target"><span>کوردی</span></a></li><li class="interlanguage-link interwiki-sr mw-list-item"><a href="https://sr.wikipedia.org/wiki/%D0%94%D0%B5%D1%98%D0%B2%D0%B8%D0%B4_%D0%A0%D0%B8%D0%BA%D0%B0%D1%80%D0%B4%D0%BE" title="Дејвид Рикардо – Serbian" lang="sr" hreflang="sr" data-title="Дејвид Рикардо" data-language-autonym="Српски / srpski" data-language-local-name="Serbian" class="interlanguage-link-target"><span>Српски / srpski</span></a></li><li class="interlanguage-link interwiki-sh mw-list-item"><a href="https://sh.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Serbo-Croatian" lang="sh" hreflang="sh" data-title="David Ricardo" data-language-autonym="Srpskohrvatski / српскохрватски" data-language-local-name="Serbo-Croatian" class="interlanguage-link-target"><span>Srpskohrvatski / српскохрватски</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Finnish" lang="fi" hreflang="fi" data-title="David Ricardo" data-language-autonym="Suomi" data-language-local-name="Finnish" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-sv mw-list-item"><a href="https://sv.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Swedish" lang="sv" hreflang="sv" data-title="David Ricardo" data-language-autonym="Svenska" data-language-local-name="Swedish" class="interlanguage-link-target"><span>Svenska</span></a></li><li class="interlanguage-link interwiki-tl mw-list-item"><a href="https://tl.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Tagalog" lang="tl" hreflang="tl" data-title="David Ricardo" data-language-autonym="Tagalog" data-language-local-name="Tagalog" class="interlanguage-link-target"><span>Tagalog</span></a></li><li class="interlanguage-link interwiki-ta mw-list-item"><a href="https://ta.wikipedia.org/wiki/%E0%AE%9F%E0%AF%87%E0%AE%B5%E0%AE%BF%E0%AE%9F%E0%AF%8D_%E0%AE%B0%E0%AE%BF%E0%AE%95%E0%AF%8D%E0%AE%95%E0%AE%BE%E0%AE%B0%E0%AF%8D%E0%AE%9F%E0%AF%8B" title="டேவிட் ரிக்கார்டோ – Tamil" lang="ta" hreflang="ta" data-title="டேவிட் ரிக்கார்டோ" data-language-autonym="தமிழ்" data-language-local-name="Tamil" class="interlanguage-link-target"><span>தமிழ்</span></a></li><li class="interlanguage-link interwiki-tt mw-list-item"><a href="https://tt.wikipedia.org/wiki/%D0%94%D0%B0%D0%B2%D0%B8%D0%B4_%D0%A0%D0%B8%D0%BA%D0%B0%D1%80%D0%B4%D0%BE" title="Давид Рикардо – Tatar" lang="tt" hreflang="tt" data-title="Давид Рикардо" data-language-autonym="Татарча / tatarça" data-language-local-name="Tatar" class="interlanguage-link-target"><span>Татарча / tatarça</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Turkish" lang="tr" hreflang="tr" data-title="David Ricardo" data-language-autonym="Türkçe" data-language-local-name="Turkish" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/%D0%94%D0%B5%D0%B2%D1%96%D0%B4_%D0%A0%D1%96%D0%BA%D0%B0%D1%80%D0%B4%D0%BE" title="Девід Рікардо – Ukrainian" lang="uk" hreflang="uk" data-title="Девід Рікардо" data-language-autonym="Українська" data-language-local-name="Ukrainian" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-ur mw-list-item"><a href="https://ur.wikipedia.org/wiki/%DA%88%DB%8C%D9%88%DA%88_%D8%B1%DB%8C%DA%A9%D8%A7%D8%B1%DA%88%D9%88" title="ڈیوڈ ریکارڈو – Urdu" lang="ur" hreflang="ur" data-title="ڈیوڈ ریکارڈو" data-language-autonym="اردو" data-language-local-name="Urdu" class="interlanguage-link-target"><span>اردو</span></a></li><li class="interlanguage-link interwiki-vi mw-list-item"><a href="https://vi.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Vietnamese" lang="vi" hreflang="vi" data-title="David Ricardo" data-language-autonym="Tiếng Việt" data-language-local-name="Vietnamese" class="interlanguage-link-target"><span>Tiếng Việt</span></a></li><li class="interlanguage-link interwiki-war mw-list-item"><a href="https://war.wikipedia.org/wiki/David_Ricardo" title="David Ricardo – Waray" lang="war" hreflang="war" data-title="David Ricardo" data-language-autonym="Winaray" data-language-local-name="Waray" class="interlanguage-link-target"><span>Winaray</span></a></li><li class="interlanguage-link interwiki-wuu mw-list-item"><a href="https://wuu.wikipedia.org/wiki/%E5%A4%A7%E5%8D%AB%C2%B7%E6%9D%8E%E5%98%89%E5%9B%BE" title="大卫·李嘉图 – Wu" lang="wuu" hreflang="wuu" data-title="大卫·李嘉图" data-language-autonym="吴语" 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class="vector-appearance vector-pinnable-element"> <div class="vector-pinnable-header vector-appearance-pinnable-header vector-pinnable-header-pinned" data-feature-name="appearance-pinned" data-pinnable-element-id="vector-appearance" data-pinned-container-id="vector-appearance-pinned-container" data-unpinned-container-id="vector-appearance-unpinned-container" > <div class="vector-pinnable-header-label">Appearance</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-appearance.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-appearance.unpin">hide</button> </div> </div> </div> </nav> </div> </div> <div id="bodyContent" class="vector-body" aria-labelledby="firstHeading" data-mw-ve-target-container> <div class="vector-body-before-content"> <div class="mw-indicators"> </div> <div id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">British economist and politician (1772–1823)</div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">For other people named David Ricardo, see <a href="/wiki/David_Ricardo_(disambiguation)" class="mw-disambig" title="David Ricardo (disambiguation)">David Ricardo (disambiguation)</a>.</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox vcard"><tbody><tr><th colspan="2" class="infobox-above" style="font-size: 100%;"><div class="honorific-prefix" style="font-weight: normal;"><a href="/wiki/The_Right_Honourable" title="The Right Honourable">The Right Honourable</a></div><div class="fn" style="font-size:125%;">David Ricardo</div></th></tr><tr><td colspan="2" class="infobox-image"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:Portrait_of_David_Ricardo_by_Thomas_Phillips.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/dc/Portrait_of_David_Ricardo_by_Thomas_Phillips.jpg/220px-Portrait_of_David_Ricardo_by_Thomas_Phillips.jpg" decoding="async" width="220" height="284" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/dc/Portrait_of_David_Ricardo_by_Thomas_Phillips.jpg/330px-Portrait_of_David_Ricardo_by_Thomas_Phillips.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/dc/Portrait_of_David_Ricardo_by_Thomas_Phillips.jpg/440px-Portrait_of_David_Ricardo_by_Thomas_Phillips.jpg 2x" data-file-width="620" data-file-height="800" /></a></span><div class="infobox-caption" style="line-height:normal;padding-top:0.2em;">Portrait by <a href="/wiki/Thomas_Phillips" title="Thomas Phillips">Thomas Phillips</a>, <abbr title="circa">c.</abbr> 1821</div></td></tr><tr><td colspan="2" class="infobox-full-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></td></tr><tr><th colspan="2" class="infobox-header" style="color: #202122; background:lavender;line-height:normal;padding:0.2em;"><a href="/wiki/Member_of_Parliament_(United_Kingdom)" title="Member of Parliament (United Kingdom)">Member of Parliament</a> <br />for <a href="/wiki/Portarlington_(UK_Parliament_constituency)" title="Portarlington (UK Parliament constituency)">Portarlington</a></th></tr><tr><td colspan="2" class="infobox-full-data" style="border-bottom:none"><span class="nowrap"><b>In office</b></span><br />20 February 1819 – 11 September 1823</td><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></tr><tr><th scope="row" class="infobox-label" style="text-align:left"><span class="nowrap">Preceded by</span></th><td class="infobox-data"><a href="/wiki/Richard_Sharp_(politician)" title="Richard Sharp (politician)">Richard Sharp</a></td></tr><tr><th scope="row" class="infobox-label" style="text-align:left"><span class="nowrap">Succeeded by</span></th><td class="infobox-data"><a href="/wiki/James_Farquhar_(MP)" title="James Farquhar (MP)">James Farquhar</a></td></tr><tr style="display:none"><td colspan="2"> </td></tr><tr><th colspan="2" class="infobox-header" style="color: #202122; background:lavender">Personal details</th></tr><tr><th scope="row" class="infobox-label">Born</th><td class="infobox-data"><span style="display:none">(<span class="bday">1772-04-18</span>)</span>18 April 1772<br />London, England</td></tr><tr><th scope="row" class="infobox-label">Died</th><td class="infobox-data">11 September 1823<span style="display:none">(1823-09-11)</span> (aged 51)<br /><a href="/wiki/Gatcombe_Park" title="Gatcombe Park">Gatcombe Park</a>, Gloucestershire, England</td></tr><tr><th scope="row" class="infobox-label">Political party</th><td class="infobox-data"><a href="/wiki/Whigs_(British_political_party)" title="Whigs (British political party)">Whig</a></td></tr><tr><th scope="row" class="infobox-label">Children</th><td class="infobox-data">Including <a href="/wiki/David_Ricardo_(the_younger)" title="David Ricardo (the younger)">David the Younger</a></td></tr><tr><th scope="row" class="infobox-label">Profession</th><td class="infobox-data"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist .mw-empty-li{display:none}.mw-parser-output .hlist dt::after{content:": "}.mw-parser-output .hlist dd::after,.mw-parser-output .hlist li::after{content:" · ";font-weight:bold}.mw-parser-output .hlist dd:last-child::after,.mw-parser-output .hlist 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li:last-child::after{content:")";font-weight:normal}.mw-parser-output .hlist ol{counter-reset:listitem}.mw-parser-output .hlist ol>li{counter-increment:listitem}.mw-parser-output .hlist ol>li::before{content:" "counter(listitem)"\a0 "}.mw-parser-output .hlist dd ol>li:first-child::before,.mw-parser-output .hlist dt ol>li:first-child::before,.mw-parser-output .hlist li ol>li:first-child::before{content:" ("counter(listitem)"\a0 "}</style><div class="hlist"><ul><li>Businessman</li><li>economist</li></ul></div></td></tr><tr><td colspan="2" class="infobox-full-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></td></tr><tr><td colspan="2" class="infobox-full-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></td></tr><tr><th colspan="2" class="infobox-header">Academic career</th></tr><tr><th scope="row" class="infobox-label">School or<br />tradition</th><td class="infobox-data category"><a href="/wiki/Classical_economics" title="Classical economics">Classical economics</a></td></tr><tr><th scope="row" class="infobox-label">Influences</th><td class="infobox-data"><a href="/wiki/Jeremy_Bentham" title="Jeremy Bentham">Bentham</a> <b>·</b>  <a href="/wiki/Ibn_Khaldun" title="Ibn Khaldun">Ibn Khaldun</a> <b>·</b>  <a href="/wiki/Adam_Smith" title="Adam Smith">Smith</a></td></tr><tr><th scope="row" class="infobox-label">Contributions</th><td class="infobox-data"><a href="/wiki/Ricardian_equivalence" title="Ricardian equivalence">Ricardian equivalence</a>, <a href="/wiki/Labour_theory_of_value" class="mw-redirect" title="Labour theory of value">labour theory of value</a>, <a href="/wiki/Comparative_advantage" title="Comparative advantage">comparative advantage</a>, <a href="/wiki/Diminishing_returns" title="Diminishing returns">law of diminishing returns</a>, <a href="/wiki/Ricardian_socialism" title="Ricardian socialism">Ricardian socialism</a>, <a href="/wiki/Economic_rent" title="Economic rent">Economic rent</a><sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr style="display:none"><td colspan="2"> </td></tr><tr style="display:none"><td colspan="2"> </td></tr><tr><td colspan="2" class="infobox-below" style="border-top: 1px solid right;"><div></div></td></tr></tbody></table> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><style data-mw-deduplicate="TemplateStyles:r1246091330">.mw-parser-output .sidebar{width:22em;float:right;clear:right;margin:0.5em 0 1em 1em;background:var(--background-color-neutral-subtle,#f8f9fa);border:1px solid 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.sidebar{width:100%!important;clear:both;float:none!important;margin-left:0!important;margin-right:0!important}}body.skin--responsive .mw-parser-output .sidebar a>img{max-width:none!important}@media screen{html.skin-theme-clientpref-night .mw-parser-output .sidebar:not(.notheme) .sidebar-list-title,html.skin-theme-clientpref-night .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle{background:transparent!important}html.skin-theme-clientpref-night .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle a{color:var(--color-progressive)!important}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-list-title,html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle{background:transparent!important}html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle a{color:var(--color-progressive)!important}}@media print{body.ns-0 .mw-parser-output .sidebar{display:none!important}}</style><table class="sidebar sidebar-collapse nomobile nowraplinks"><tbody><tr><td class="sidebar-pretitle">Part of <a href="/wiki/Category:Capitalism" title="Category:Capitalism">a series</a> on</td></tr><tr><th class="sidebar-title-with-pretitle" style="padding:0.2em;"><a href="/wiki/Capitalism" title="Capitalism">Capitalism</a></th></tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;text-align:left;;color: var(--color-base)">Concepts</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Austerity" title="Austerity">Austerity</a></li> <li><a href="/wiki/Business" title="Business">Business</a></li> <li><a href="/wiki/Business_cycle" title="Business cycle">Business cycle</a></li> <li><a href="/wiki/Businessperson" title="Businessperson">Businessperson</a></li> <li><a href="/wiki/Capital_(economics)" title="Capital (economics)">Capital</a></li> <li><a href="/wiki/Capital_accumulation" title="Capital accumulation">Capital accumulation</a></li> <li><a href="/wiki/Capital_market" title="Capital market">Capital markets</a></li> <li><a href="/wiki/Company" title="Company">Company</a></li> <li><a href="/wiki/Corporation" title="Corporation">Corporation</a></li> <li><a href="/wiki/Competition_(economics)" title="Competition (economics)">Competitive markets</a></li> <li><a href="/wiki/Economic_interventionism" class="mw-redirect" title="Economic interventionism">Economic interventionism</a></li> <li><a href="/wiki/Economic_liberalism" title="Economic liberalism">Economic liberalism</a></li> <li><a href="/wiki/Economic_surplus" title="Economic surplus">Economic surplus</a></li> <li><a href="/wiki/Entrepreneurship" title="Entrepreneurship">Entrepreneurship</a></li> <li><a href="/wiki/Fictitious_capital" title="Fictitious capital">Fictitious capital</a></li> <li><a href="/wiki/Financial_market" title="Financial market">Financial market</a></li> <li><a href="/wiki/Free_price_system" title="Free price system">Free price system</a></li> <li><a href="/wiki/Free_market" title="Free market">Free market</a></li> <li><a href="/wiki/Goods_and_services" title="Goods and services">Goods and services</a></li> <li><a href="/wiki/Investor" title="Investor">Investor</a></li> <li><a href="/wiki/Invisible_hand" title="Invisible hand">Invisible hand</a></li> <li><a href="/wiki/Visible_hand_(economics)" title="Visible hand (economics)">Visible hand</a></li> <li><a href="/wiki/Liberalization" title="Liberalization">Liberalization</a></li> <li><a href="/wiki/Marginalism" title="Marginalism">Marginalism</a></li> <li><a href="/wiki/Money" title="Money">Money</a></li> <li><a href="/wiki/Private_property" title="Private property">Private property</a></li> <li><a href="/wiki/Privatization" title="Privatization">Privatization</a></li> <li><a href="/wiki/Profit_(economics)" title="Profit (economics)">Profit</a></li> <li><a href="/wiki/Rent_seeking" class="mw-redirect" title="Rent seeking">Rent seeking</a></li> <li><a href="/wiki/Supply_and_demand" title="Supply and demand">Supply and demand</a></li> <li><a href="/wiki/Surplus_value" title="Surplus value">Surplus value</a></li> <li><a href="/wiki/Value_(economics)" title="Value (economics)">Value</a></li> <li><a href="/wiki/Wage_labour" title="Wage labour">Wage labour</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;text-align:left;;color: var(--color-base)">Economic systems</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Anglo-Saxon_capitalism" class="mw-redirect" title="Anglo-Saxon capitalism">Anglo-Saxon</a></li> <li><a href="/wiki/Authoritarian_capitalism" title="Authoritarian capitalism">Authoritarian</a></li> <li><a href="/wiki/Corporate_capitalism" title="Corporate capitalism">Corporate</a></li> <li><a href="/wiki/Dirigisme" title="Dirigisme">Dirigist</a></li> <li><a href="/wiki/Free_market#General_principles" title="Free market">Free-market</a></li> <li><a href="/wiki/Humanistic_capitalism" title="Humanistic capitalism">Humanistic</a></li> <li><i><a href="/wiki/Laissez-faire_capitalism" class="mw-redirect" title="Laissez-faire capitalism">Laissez-faire</a></i></li> <li><a href="/wiki/Liberal_capitalism" class="mw-redirect" title="Liberal capitalism">Liberal</a></li> <li><a href="/wiki/Libertarian_capitalism" class="mw-redirect" title="Libertarian capitalism">Libertarian</a></li> <li><a href="/wiki/Market_capitalism" class="mw-redirect" title="Market capitalism">Market</a></li> <li><a href="/wiki/Mercantilism" title="Mercantilism">Mercantilist</a></li> <li><a href="/wiki/Mixed_capitalism" class="mw-redirect" title="Mixed capitalism">Mixed</a></li> <li><a href="/wiki/State_monopoly_capitalism" title="State monopoly capitalism">Monopoly</a></li> <li><a href="/wiki/National_capitalism" class="mw-redirect" title="National capitalism">National</a></li> <li><a href="/wiki/Neoliberalism" title="Neoliberalism">Neoliberal</a></li> <li><a href="/wiki/Nordic_capitalism" class="mw-redirect" title="Nordic capitalism">Nordic</a></li> <li><a href="/wiki/Anarcho-capitalism" title="Anarcho-capitalism">Private</a></li> <li><a href="/wiki/Raw_capitalism" class="mw-redirect" title="Raw capitalism">Raw</a></li> <li><a href="/wiki/Regulated_market" title="Regulated market">Regulated market</a></li> <li><a href="/wiki/Regulatory_capitalism" title="Regulatory capitalism">Regulatory</a></li> <li><a href="/wiki/Rhine_capitalism" class="mw-redirect" title="Rhine capitalism">Rhine</a></li> <li><a href="/wiki/Social_market_economy" title="Social market economy">Social</a></li> <li><a href="/wiki/State_capitalism" title="State capitalism">State</a></li> <li><a href="/wiki/State-sponsored_capitalism" class="mw-redirect" title="State-sponsored capitalism">State-sponsored</a></li> <li><a href="/wiki/Welfare_capitalism" title="Welfare capitalism">Welfare</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;text-align:left;;color: var(--color-base)">Economic theories</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/American_School_(economics)" title="American School (economics)">American</a></li> <li><a href="/wiki/Austrian_School" class="mw-redirect" title="Austrian School">Austrian</a></li> <li><a href="/wiki/Chartalism" title="Chartalism">Chartalism</a> <ul><li><a href="/wiki/Modern_Monetary_Theory" class="mw-redirect" title="Modern Monetary Theory">MMT</a></li></ul></li> <li><a href="/wiki/Chicago_school_of_economics" title="Chicago school of economics">Chicago</a></li> <li><a href="/wiki/Classical_economics" title="Classical economics">Classical</a></li> <li><a href="/wiki/Institutional_economics" title="Institutional economics">Institutional</a></li> <li><a href="/wiki/Keynesian_economics" title="Keynesian economics">Keynesian</a> <ul><li><a href="/wiki/Neo-Keynesian_economics" class="mw-redirect" title="Neo-Keynesian economics">Neo-</a></li> <li><a href="/wiki/New_Keynesian_economics" title="New Keynesian economics">New</a></li> <li><a href="/wiki/Post-Keynesian_economics" title="Post-Keynesian economics">Post-</a></li></ul></li> <li><a href="/wiki/Market_monetarism" title="Market monetarism">Market monetarism</a></li> <li><a href="/wiki/Critique_of_political_economy" title="Critique of political economy">Critique of political economy</a></li> <li><a href="/wiki/Critique_of_work" title="Critique of work">Critique of work</a></li> <li><a href="/wiki/Marxian_economics" title="Marxian economics">Marxist</a></li> <li><a href="/wiki/Monetarism" title="Monetarism">Monetarist</a></li> <li><a href="/wiki/Neoclassical_economics" title="Neoclassical economics">Neoclassical</a></li> <li><a href="/wiki/New_institutional_economics" title="New institutional economics">New institutional</a></li> <li><a href="/wiki/Supply-side_economics" title="Supply-side economics">Supply-side</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;text-align:left;;color: var(--color-base)">Origins</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Age_of_Enlightenment" title="Age of Enlightenment">Age of Enlightenment</a></li> <li><a href="/wiki/Capitalism_and_Islam" title="Capitalism and Islam">Capitalism and Islam</a></li> <li><a href="/wiki/Commercial_Revolution" class="mw-redirect" title="Commercial Revolution">Commercial Revolution</a></li> <li><a href="/wiki/Feudalism" title="Feudalism">Feudalism</a></li> <li><a href="/wiki/Industrial_Revolution" title="Industrial Revolution">Industrial Revolution</a></li> <li><a href="/wiki/Mercantilism" title="Mercantilism">Mercantilism</a></li> <li><a href="/wiki/Primitive_accumulation_of_capital" title="Primitive accumulation of capital">Primitive accumulation</a></li> <li><a href="/wiki/Physiocracy" title="Physiocracy">Physiocracy</a></li> <li><a href="/wiki/Simple_commodity_production" title="Simple commodity production">Simple commodity production</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;text-align:left;;color: var(--color-base)">Development</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Advanced_capitalism" title="Advanced capitalism">Advanced</a></li> <li><a href="/wiki/Consumer_capitalism" title="Consumer capitalism">Consumer</a></li> <li><a href="/wiki/Community_capitalism" title="Community capitalism">Community</a></li> <li><a href="/wiki/Corporate_capitalism" title="Corporate capitalism">Corporate</a></li> <li><a href="/wiki/Crony_capitalism" title="Crony capitalism">Crony</a></li> <li><a href="/wiki/Finance_capitalism" title="Finance capitalism">Finance</a></li> <li><a href="/wiki/Global_capitalism" class="mw-redirect" title="Global capitalism">Global</a></li> <li><a href="/wiki/Authoritarian_capitalism" title="Authoritarian capitalism">Illiberal</a></li> <li><a href="/wiki/Late_capitalism" title="Late capitalism">Late</a></li> <li><a href="/wiki/Capitalist_mode_of_production_(Marxist_theory)" title="Capitalist mode of production (Marxist theory)">Marxist</a></li> <li><a href="/wiki/Merchant_capitalism" title="Merchant capitalism">Merchant</a></li> <li><a href="/wiki/Progressive_capitalism" title="Progressive capitalism">Progressive</a></li> <li><a href="/wiki/Rentier_capitalism" title="Rentier capitalism">Rentier</a></li> <li><a href="/wiki/State_monopoly_capitalism" title="State monopoly capitalism">State monopoly</a></li> <li><a href="/wiki/Technocapitalism" title="Technocapitalism">Technological</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;text-align:left;;color: var(--color-base)">Intellectuals</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Adam_Smith" title="Adam Smith">Smith</a></li> <li><a href="/wiki/John_Stuart_Mill" title="John Stuart Mill">Mill</a></li> <li><a class="mw-selflink selflink">Ricardo</a></li> <li><a href="/wiki/Thomas_Robert_Malthus" title="Thomas Robert Malthus">Malthus</a></li> <li><a href="/wiki/Jean-Baptiste_Say" title="Jean-Baptiste Say">Say</a></li> <li><a href="/wiki/Karl_Marx" title="Karl Marx">Marx</a></li> <li><a href="/wiki/Milton_Friedman" title="Milton Friedman">Friedman</a></li> <li><a href="/wiki/Friedrich_Hayek" title="Friedrich Hayek">Hayek</a></li> <li><a href="/wiki/John_Maynard_Keynes" title="John Maynard Keynes">Keynes</a></li> <li><a href="/wiki/Alfred_Marshall" title="Alfred Marshall">Marshall</a></li> <li><a href="/wiki/Vilfredo_Pareto" title="Vilfredo Pareto">Pareto</a></li> <li><a href="/wiki/L%C3%A9on_Walras" title="Léon Walras">Walras</a></li> <li><a href="/wiki/Ludwig_von_Mises" title="Ludwig von Mises">von Mises</a></li> <li><a href="/wiki/Ayn_Rand" title="Ayn Rand">Rand</a></li> <li><a href="/wiki/Murray_Rothbard" title="Murray Rothbard">Rothbard</a></li> <li><a href="/wiki/Joseph_Schumpeter" title="Joseph Schumpeter">Schumpeter</a></li> <li><a href="/wiki/Thorstein_Veblen" title="Thorstein Veblen">Veblen</a></li> <li><a href="/wiki/Richard_M._Weaver" title="Richard M. Weaver">Weaver</a></li> <li><a href="/wiki/Max_Weber" title="Max Weber">Weber</a></li> <li><a href="/wiki/Ronald_Coase" title="Ronald Coase">Coase</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;text-align:left;;color: var(--color-base)">Related topics</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Anti-capitalism" title="Anti-capitalism">Anti-capitalism</a></li> <li><a href="/wiki/Capitalist_propaganda" title="Capitalist propaganda">Capitalist propaganda</a></li> <li><a href="/wiki/Capitalist_realism" title="Capitalist realism">Capitalist realism</a></li> <li><a href="/wiki/Capitalist_state" title="Capitalist state">Capitalist state</a></li> <li><a href="/wiki/Consumerism" title="Consumerism">Consumerism</a></li> <li><a href="/wiki/Crisis_theory" title="Crisis theory">Crisis theory</a></li> <li><a href="/wiki/Criticism_of_capitalism" title="Criticism of capitalism">Criticism of capitalism</a></li> <li><a href="/wiki/Critique_of_political_economy" title="Critique of political economy">Critique of political economy</a></li> <li><a href="/wiki/Critique_of_work" title="Critique of work">Critique of work</a></li> <li><a href="/wiki/Cronyism" title="Cronyism">Cronyism</a></li> <li><a href="/wiki/Culture_of_capitalism" title="Culture of capitalism">Culture of capitalism</a></li> <li><a href="/wiki/Evergreening" title="Evergreening">Evergreening</a></li> <li><a href="/wiki/Exploitation_of_labour" title="Exploitation of labour">Exploitation of labour</a></li> <li><a href="/wiki/Globalization" title="Globalization">Globalization</a></li> <li><a href="/wiki/History_of_capitalism" title="History of capitalism">History</a></li> <li><a href="/wiki/History_of_capitalist_theory" title="History of capitalist theory">History of theory</a></li> <li><a href="/wiki/Market_economy" title="Market economy">Market economy</a></li> <li><a href="/wiki/Periodizations_of_capitalism" title="Periodizations of capitalism">Periodizations of capitalism</a></li> <li><a href="/wiki/Perspectives_on_capitalism" class="mw-redirect" title="Perspectives on capitalism">Perspectives on capitalism</a></li> <li><a href="/wiki/Post-capitalism" title="Post-capitalism">Post-capitalism</a></li> <li><a href="/wiki/Speculation" title="Speculation">Speculation</a></li> <li><a href="/wiki/Spontaneous_order" title="Spontaneous order">Spontaneous order</a></li> <li><a href="/wiki/Venture_philanthropy" title="Venture philanthropy">Venture philanthropy</a></li> <li><a href="/wiki/Wage_slavery" title="Wage slavery">Wage slavery</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;text-align:left;;color: var(--color-base)">Ideologies</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Anarcho-capitalism" title="Anarcho-capitalism">Anarcho</a></li> <li><a href="/wiki/Authoritarian_capitalism" title="Authoritarian capitalism">Authoritarian</a></li> <li><a href="/wiki/Classical_liberalism" title="Classical liberalism">Classical liberalism</a></li> <li><a href="/wiki/Democratic_capitalism" title="Democratic capitalism">Democratic</a></li> <li><a href="/wiki/Dirigisme" title="Dirigisme">Dirigisme</a></li> <li><a href="/wiki/Eco-capitalism" title="Eco-capitalism">Eco</a></li> <li><a href="/wiki/Humanistic_capitalism" title="Humanistic capitalism">Humanistic</a></li> <li><a href="/wiki/Inclusive_capitalism" title="Inclusive capitalism">Inclusive</a></li> <li><a href="/wiki/Liberal_capitalism" class="mw-redirect" title="Liberal capitalism">Liberal</a></li> <li><a href="/wiki/Liberalism" title="Liberalism">Liberalism</a></li> <li><a href="/wiki/Libertarian_capitalism" class="mw-redirect" title="Libertarian capitalism">Libertarian</a></li> <li><a href="/wiki/Neo-Capitalism" class="mw-redirect" title="Neo-Capitalism">Neo</a></li> <li><a href="/wiki/Neoliberalism" title="Neoliberalism">Neoliberalism</a></li> <li><a href="/wiki/Objectivism" title="Objectivism">Objectivism</a></li> <li><a href="/wiki/Ordoliberalism" title="Ordoliberalism">Ordoliberalism</a></li> <li><a href="/wiki/Privatism" title="Privatism">Privatism</a></li> <li><a href="/wiki/Right-libertarianism" title="Right-libertarianism">Right-libertarianism</a></li> <li><a href="/wiki/Third_Way" title="Third Way">Third Way</a></li></ul></div></div></td> </tr><tr><td class="sidebar-below plainlist"> <ul><li><span class="nowrap"><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Capitalismlogo.svg" class="mw-file-description"><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/2f/Capitalismlogo.svg/16px-Capitalismlogo.svg.png" decoding="async" width="16" height="15" class="mw-file-element" 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title="Portal:Business">Business portal</a></li></ul></td></tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" ]"}.mw-parser-output .navbar li{word-spacing:-0.125em}.mw-parser-output .navbar a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Capitalism_sidebar" title="Template:Capitalism sidebar"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Capitalism_sidebar" title="Template talk:Capitalism sidebar"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Capitalism_sidebar" title="Special:EditPage/Template:Capitalism sidebar"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1246091330"><style data-mw-deduplicate="TemplateStyles:r1066933788">.mw-parser-output .excerpt-hat .mw-editsection-like{font-style:normal}</style><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1066933788"><table class="sidebar sidebar-collapse nomobile nowraplinks hlist"><tbody><tr><td class="sidebar-pretitle">Part of <a href="/wiki/Category:Economics" title="Category:Economics">a series</a> on</td></tr><tr><th class="sidebar-title-with-pretitle" style="border-top:1px #fafafa solid; border-bottom:1px #fafafa solid; background:#efefef;padding:0.2em;font-size:200%;"><a href="/wiki/Economics" title="Economics">Economics</a></th></tr><tr><td class="sidebar-image"><span typeof="mw:File"><a href="/wiki/File:Supply-demand-equilibrium.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8c/Supply-demand-equilibrium.svg/120px-Supply-demand-equilibrium.svg.png" decoding="async" width="120" height="120" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8c/Supply-demand-equilibrium.svg/180px-Supply-demand-equilibrium.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8c/Supply-demand-equilibrium.svg/240px-Supply-demand-equilibrium.svg.png 2x" data-file-width="217" data-file-height="217" /></a></span></td></tr><tr><td class="sidebar-above"> <li><a href="/wiki/History_of_economic_thought" title="History of economic thought">History</a></li> <li><a href="/wiki/Outline_of_economics" title="Outline of economics">Outline</a></li> <li><a href="/wiki/Index_of_economics_articles" title="Index of economics articles">Index</a></li></td></tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;;color: var(--color-base)">Branches and <a href="/wiki/JEL_classification_codes" title="JEL classification codes">classifications</a></div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Applied_economics" title="Applied economics">Applied</a></li> <li><a href="/wiki/Econometrics" title="Econometrics">Econometrics</a></li> <li><a href="/wiki/Heterodox_economics" title="Heterodox economics">Heterodox</a></li> <li><a href="/wiki/International_economics" title="International economics">International</a></li> <li><a href="/wiki/Microeconomics" title="Microeconomics">Micro</a> / <a href="/wiki/Macroeconomics" title="Macroeconomics">Macro</a></li> <li><a href="/wiki/Mainstream_economics" title="Mainstream economics">Mainstream</a></li> <li><a href="/wiki/Mathematical_economics" title="Mathematical economics">Mathematical</a></li> <li><a href="/wiki/Economic_methodology" title="Economic methodology">Methodology</a></li> <li><a href="/wiki/Political_economy" title="Political economy">Political</a></li> <li><a href="/wiki/JEL_classification_codes" title="JEL classification codes">JEL classification codes</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;;color: var(--color-base)">Concepts, theory and techniques</div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Economic_system" title="Economic system">Economic systems</a></li> <li><a href="/wiki/Economic_growth" title="Economic growth">Economic growth</a></li> <li><a href="/wiki/Market_(economics)" title="Market (economics)">Market</a></li> <li><a href="/wiki/National_accounts" title="National accounts">National accounting</a></li> <li><a href="/wiki/Experimental_economics" title="Experimental economics">Experimental economics</a></li> <li><a href="/wiki/Computational_economics" title="Computational economics">Computational economics</a></li> <li><a href="/wiki/Game_theory" title="Game theory">Game theory</a></li> <li><a href="/wiki/Operations_research" title="Operations research">Operations research</a></li> <li><a href="/wiki/Middle_income_trap" title="Middle income trap">Middle income trap</a></li> <li><a href="/wiki/Industrial_complex" title="Industrial complex">Industrial complex</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;;color: var(--color-base)">By application</div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Agricultural_economics" title="Agricultural economics">Agricultural</a></li> <li><a href="/wiki/Behavioral_economics" title="Behavioral economics">Behavioral</a></li> <li><a href="/wiki/Business_economics" title="Business economics">Business</a></li> <li><a href="/wiki/Cultural_economics" title="Cultural economics">Cultural</a></li> <li><a href="/wiki/Democracy_and_economic_growth" title="Democracy and economic growth">Democracy</a></li> <li><a href="/wiki/Demographic_economics" title="Demographic economics">Demographic</a></li> <li><a href="/wiki/Development_economics" title="Development economics">Development</a></li> <li><a href="/wiki/Economics_of_digitization" title="Economics of digitization">Digitization</a></li> <li><a href="/wiki/Ecological_economics" title="Ecological economics">Ecological</a></li> <li><a href="/wiki/Education_economics" title="Education economics">Education</a></li> <li><a href="/wiki/Engineering_economics" title="Engineering economics">Engineering</a></li> <li><a href="/wiki/Environmental_economics" title="Environmental economics">Environmental</a></li> <li><a href="/wiki/Evolutionary_economics" title="Evolutionary economics">Evolutionary</a></li> <li><a href="/wiki/Expeditionary_economics" title="Expeditionary economics">Expeditionary</a></li> <li><a href="/wiki/Feminist_economics" title="Feminist economics">Feminist</a></li> <li><a href="/wiki/Financial_economics" title="Financial economics">Financial</a></li> <li><a href="/wiki/Economic_geography" title="Economic geography">Geographical</a></li> <li><a href="/wiki/Happiness_economics" title="Happiness economics">Happiness</a></li> <li><a href="/wiki/Health_economics" title="Health economics">Health</a></li> <li><a href="/wiki/Economic_history" title="Economic history">Historical</a></li> <li><a href="/wiki/Humanistic_economics" title="Humanistic economics">Humanistic</a></li> <li><a href="/wiki/Industrial_organization" title="Industrial organization">Industrial organization</a></li> <li><a href="/wiki/Information_economics" title="Information economics">Information</a></li> <li><a href="/wiki/Institutional_economics" title="Institutional economics">Institutional</a></li> <li><a href="/wiki/Knowledge_economy" title="Knowledge economy">Knowledge</a></li> <li><a href="/wiki/Labour_economics" title="Labour economics">Labour</a></li> <li><a href="/wiki/Law_and_economics" title="Law and economics">Law</a></li> <li><a href="/wiki/Managerial_economics" title="Managerial economics">Managerial</a></li> <li><a href="/wiki/Monetary_economics" title="Monetary economics">Monetary</a></li> <li><a href="/wiki/Natural_resource_economics" title="Natural resource economics">Natural resource</a></li> <li><a href="/wiki/Organizational_economics" title="Organizational economics">Organizational</a></li> <li><a href="/wiki/Economics_of_participation" title="Economics of participation">Participation</a></li> <li><a href="/wiki/Personnel_economics" title="Personnel economics">Personnel</a></li> <li><a href="/wiki/Economic_planning" title="Economic planning">Planning</a></li> <li><a href="/wiki/Economic_policy" title="Economic policy">Policy</a></li> <li><a href="/wiki/Public_economics" title="Public economics">Public</a></li> <li><a href="/wiki/Public_choice" title="Public choice">Public choice</a> / <a href="/wiki/Social_choice_theory" title="Social choice theory">Social choice theory</a></li> <li><a href="/wiki/Regional_economics" title="Regional economics">Regional</a></li> <li><a href="/wiki/Rural_economics" title="Rural economics">Rural</a></li> <li><a href="/wiki/Service_economy" title="Service economy">Service</a></li> <li><a href="/wiki/Socioeconomics" class="mw-redirect" title="Socioeconomics">Socio</a></li> <li><a href="/wiki/Economic_sociology" title="Economic sociology">Sociological</a></li> <li><a href="/wiki/Solidarity_economy" title="Solidarity economy">Solidarity</a></li> <li><a href="/wiki/Economic_statistics" title="Economic statistics">Statistics</a></li> <li><a href="/wiki/Urban_economics" title="Urban economics">Urban</a></li> <li><a href="/wiki/Welfare_economics" title="Welfare economics">Welfare</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;;color: var(--color-base)">Notable <a href="/wiki/Economist" title="Economist">economists</a></div><div class="sidebar-list-content mw-collapsible-content"> <div class="excerpt-block"><div class="excerpt"> <ul><li><a href="/wiki/Bernard_de_Mandeville" class="mw-redirect" title="Bernard de Mandeville">de Mandeville</a></li> <li><a href="/wiki/Fran%C3%A7ois_Quesnay" title="François Quesnay">Quesnay</a></li> <li><a href="/wiki/Adam_Smith" title="Adam Smith">Smith</a></li> <li><a href="/wiki/Thomas_Robert_Malthus" title="Thomas Robert Malthus">Malthus</a></li> <li><a href="/wiki/Jean-Baptiste_Say" title="Jean-Baptiste Say">Say</a></li> <li>Ricardo</li> <li><a href="/wiki/Johann_Heinrich_von_Th%C3%BCnen" title="Johann Heinrich von Thünen">von Thünen</a></li> <li><a href="/wiki/Friedrich_List" title="Friedrich List">List</a></li> <li><a href="/wiki/Fr%C3%A9d%C3%A9ric_Bastiat" title="Frédéric Bastiat">Bastiat</a></li> <li><a href="/wiki/Antoine_Augustin_Cournot" title="Antoine Augustin Cournot">Cournot</a></li> <li><a href="/wiki/John_Stuart_Mill" title="John Stuart Mill">Mill</a></li> <li><a href="/wiki/Hermann_Heinrich_Gossen" title="Hermann Heinrich Gossen">Gossen</a></li> <li><a href="/wiki/Karl_Marx" title="Karl Marx">Marx</a></li> <li><a href="/wiki/L%C3%A9on_Walras" title="Léon Walras">Walras</a></li> <li><a href="/wiki/William_Stanley_Jevons" title="William Stanley Jevons">Jevons</a></li> <li><a href="/wiki/Henry_George" title="Henry George">George</a></li> <li><a href="/wiki/Carl_Menger" title="Carl Menger">Menger</a></li> <li><a href="/wiki/Alfred_Marshall" title="Alfred Marshall">Marshall</a></li> <li><a href="/wiki/Francis_Ysidro_Edgeworth" title="Francis Ysidro Edgeworth">Edgeworth</a></li> <li><a href="/wiki/John_Bates_Clark" title="John Bates Clark">Clark</a></li> <li><a href="/wiki/Vilfredo_Pareto" title="Vilfredo Pareto">Pareto</a></li> <li><a href="/wiki/Eugen_von_B%C3%B6hm-Bawerk" title="Eugen von Böhm-Bawerk">von Böhm-Bawerk</a></li> <li><a href="/wiki/Friedrich_von_Wieser" title="Friedrich von Wieser">von Wieser</a></li> <li><a href="/wiki/Thorstein_Veblen" title="Thorstein Veblen">Veblen</a></li> <li><a href="/wiki/Irving_Fisher" title="Irving Fisher">Fisher</a></li> <li><a href="/wiki/Arthur_Cecil_Pigou" title="Arthur Cecil Pigou">Pigou</a></li> <li><a href="/wiki/Eli_Heckscher" title="Eli Heckscher">Heckscher</a></li> <li><a href="/wiki/Ludwig_von_Mises" title="Ludwig von Mises">von Mises</a></li> <li><a href="/wiki/Joseph_Schumpeter" title="Joseph Schumpeter">Schumpeter</a></li> <li><a href="/wiki/John_Maynard_Keynes" title="John Maynard Keynes">Keynes</a></li> <li><a href="/wiki/Frank_Knight" title="Frank Knight">Knight</a></li> <li><a href="/wiki/Karl_Polanyi" title="Karl Polanyi">Polanyi</a></li> <li><a href="/wiki/Ragnar_Frisch" title="Ragnar Frisch">Frisch</a></li> <li><a href="/wiki/Piero_Sraffa" title="Piero Sraffa">Sraffa</a></li> <li><a href="/wiki/Gunnar_Myrdal" title="Gunnar Myrdal">Myrdal</a></li> <li><a href="/wiki/Friedrich_Hayek" title="Friedrich Hayek">Hayek</a></li> <li><a href="/wiki/Micha%C5%82_Kalecki" title="Michał Kalecki">Kalecki</a></li> <li><a href="/wiki/Wilhelm_R%C3%B6pke" title="Wilhelm Röpke">Röpke</a></li> <li><a href="/wiki/Simon_Kuznets" title="Simon Kuznets">Kuznets</a></li> <li><a href="/wiki/Jan_Tinbergen" title="Jan Tinbergen">Tinbergen</a></li> <li><a href="/wiki/Joan_Robinson" title="Joan Robinson">Robinson</a></li> <li><a href="/wiki/John_von_Neumann" title="John von Neumann">von Neumann</a></li> <li><a href="/wiki/John_Hicks" title="John Hicks">Hicks</a></li> <li><a href="/wiki/Oskar_R._Lange" title="Oskar R. Lange">Lange</a></li> <li><a href="/wiki/Wassily_Leontief" title="Wassily Leontief">Leontief</a></li> <li><a href="/wiki/John_Kenneth_Galbraith" title="John Kenneth Galbraith">Galbraith</a></li> <li><a href="/wiki/Tjalling_Koopmans" title="Tjalling Koopmans">Koopmans</a></li> <li><a href="/wiki/E._F._Schumacher" title="E. F. Schumacher">Schumacher</a></li> <li><a href="/wiki/Milton_Friedman" title="Milton Friedman">Friedman</a></li> <li><a href="/wiki/Paul_Samuelson" title="Paul Samuelson">Samuelson</a></li> <li><a href="/wiki/Herbert_A._Simon" title="Herbert A. Simon">Simon</a></li> <li><a href="/wiki/James_M._Buchanan" title="James M. Buchanan">Buchanan</a></li> <li><a href="/wiki/Kenneth_Arrow" title="Kenneth Arrow">Arrow</a></li> <li><a href="/wiki/William_Baumol" title="William Baumol">Baumol</a></li> <li><a href="/wiki/Robert_Solow" title="Robert Solow">Solow</a></li> <li><a href="/wiki/Murray_Rothbard" title="Murray Rothbard">Rothbard</a></li> <li><a href="/wiki/Alan_Greenspan" title="Alan Greenspan">Greenspan</a></li> <li><a href="/wiki/Thomas_Sowell" title="Thomas Sowell">Sowell</a></li> <li><a href="/wiki/Gary_Becker" title="Gary Becker">Becker</a></li> <li><a href="/wiki/Elinor_Ostrom" title="Elinor Ostrom">Ostrom</a></li> <li><a href="/wiki/Amartya_Sen" title="Amartya Sen">Sen</a></li> <li><a href="/wiki/Robert_Lucas_Jr." title="Robert Lucas Jr.">Lucas</a></li> <li><a href="/wiki/Joseph_Stiglitz" title="Joseph Stiglitz">Stiglitz</a></li> <li><a href="/wiki/Richard_Thaler" title="Richard Thaler">Thaler</a></li> <li><a href="/wiki/Hans-Hermann_Hoppe" title="Hans-Hermann Hoppe">Hoppe</a></li> <li><a href="/wiki/Paul_Krugman" title="Paul Krugman">Krugman</a></li> <li><a href="/wiki/Thomas_Piketty" title="Thomas Piketty">Piketty</a></li> <li><i><a href="/wiki/Category:Economists" title="Category:Economists">more</a></i></li></ul></div></div> </div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:#efefef;;color: var(--color-base)"><a href="/wiki/Category:Economics_lists" title="Category:Economics lists">Lists</a></div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Glossary_of_economics" title="Glossary of economics">Glossary</a></li> <li><a href="/wiki/List_of_economists" title="List of economists">Economists</a></li> <li><a href="/wiki/List_of_important_publications_in_economics" title="List of important publications in economics">Publications</a> (<a href="/wiki/List_of_economics_journals" title="List of economics journals">journals</a>)</li> <li><a href="/wiki/Schools_of_economic_thought" title="Schools of economic thought">Schools</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-below"> <ul><li><span class="nowrap"><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Emblem-money.svg" class="mw-file-description"><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Emblem-money.svg/16px-Emblem-money.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Emblem-money.svg/24px-Emblem-money.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Emblem-money.svg/32px-Emblem-money.svg.png 2x" data-file-width="48" data-file-height="48" /></a></span> </span><a href="/wiki/Portal:Business" title="Portal:Business">Business portal</a></li> <li><span class="nowrap"><span class="noviewer" typeof="mw:File"><span><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Bills_and_coins.svg/16px-Bills_and_coins.svg.png" decoding="async" width="16" height="8" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Bills_and_coins.svg/24px-Bills_and_coins.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/55/Bills_and_coins.svg/32px-Bills_and_coins.svg.png 2x" data-file-width="960" data-file-height="465" /></span></span> </span><a href="/wiki/Portal:Money" title="Portal:Money">Money portal</a></li></ul></td></tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Economics_sidebar" title="Template:Economics sidebar"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Economics_sidebar" title="Template talk:Economics sidebar"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Economics_sidebar" title="Special:EditPage/Template:Economics sidebar"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1246091330"><table class="sidebar sidebar-collapse nomobile nowraplinks"><tbody><tr><td class="sidebar-pretitle">This article is part of <a href="/wiki/Category:Liberalism_in_the_United_Kingdom" title="Category:Liberalism in the United Kingdom">a series</a> on</td></tr><tr><th class="sidebar-title-with-pretitle" style="background:#FFD424; padding-top:0.25em; font-size:150%; font-weight:normal; color:black; line-height:1em"><a href="/wiki/Liberalism_in_the_United_Kingdom" title="Liberalism in the United Kingdom"><span style="color: #000;">Liberalism<br />in the United Kingdom</span></a></th></tr><tr><td class="sidebar-image"><span typeof="mw:File"><a href="/wiki/File:Coat_of_arms_of_the_United_Kingdom_(2022,_variant_2).svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Coat_of_arms_of_the_United_Kingdom_%282022%2C_variant_2%29.svg/90px-Coat_of_arms_of_the_United_Kingdom_%282022%2C_variant_2%29.svg.png" decoding="async" width="90" height="84" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Coat_of_arms_of_the_United_Kingdom_%282022%2C_variant_2%29.svg/135px-Coat_of_arms_of_the_United_Kingdom_%282022%2C_variant_2%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Coat_of_arms_of_the_United_Kingdom_%282022%2C_variant_2%29.svg/180px-Coat_of_arms_of_the_United_Kingdom_%282022%2C_variant_2%29.svg.png 2x" data-file-width="512" data-file-height="479" /></a></span></td></tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent; border-top:1px solid #AAA; text-align:center;color: var(--color-base)">Schools</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Classical_liberalism#Great_Britain" title="Classical liberalism">Classical</a> <ul><li><a href="/wiki/Gladstonian_liberalism" title="Gladstonian liberalism">Gladstonian</a></li> <li><a href="/wiki/Libertarianism_in_the_United_Kingdom" title="Libertarianism in the United Kingdom">Libertarian</a></li> <li><a href="/wiki/Manchester_Liberalism" title="Manchester Liberalism">Manchester</a></li> <li><a href="/wiki/Whiggism" title="Whiggism">Whiggist</a></li></ul></li> <li><a href="/wiki/Conservative_liberalism" title="Conservative liberalism">Conservative</a> <ul><li><a href="/wiki/Muscular_liberalism" title="Muscular liberalism">Muscular</a></li></ul></li> <li><a href="/wiki/Economic_liberalism" title="Economic liberalism">Economic</a></li> <li><a href="/wiki/Green_liberalism#Green_Liberal_Democrats" title="Green liberalism">Green</a></li> <li><a href="/wiki/Neoliberalism#United_Kingdom" title="Neoliberalism">Neo</a></li> <li><a href="/wiki/Radicalism_(historical)#United_Kingdom" class="mw-redirect" title="Radicalism (historical)">Radical</a></li> <li><a href="/wiki/Social_liberalism#United_Kingdom" title="Social liberalism">Social</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent; border-top:1px solid #AAA; text-align:center;color: var(--color-base)">Principles</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Capitalism" title="Capitalism">Capitalism</a></li> <li><a href="/wiki/Civil_and_political_rights" title="Civil and political rights">Civil and political rights</a></li> <li><a href="/wiki/Due_process" title="Due process">Due process</a></li> <li><a href="/wiki/Economic_freedom" title="Economic freedom">Economic freedom</a></li> <li><a href="/wiki/Economic_liberalism" title="Economic liberalism">Economic liberalism</a></li> <li><a href="/wiki/Environmentalism" title="Environmentalism">Environmentalism</a></li> <li><a href="/wiki/Equality_before_the_law" title="Equality before the law">Equality before the law</a></li> <li><a href="/wiki/Freedom_of_the_press" title="Freedom of the press">Freedom of the press</a></li> <li><a href="/wiki/Freedom_of_religion" title="Freedom of religion">Freedom of religion</a></li> <li><a href="/wiki/Freedom_of_speech" title="Freedom of speech">Freedom of speech</a></li> <li><i><a href="/wiki/Laissez-faire" title="Laissez-faire">Laissez-faire</a></i></li> <li><a href="/wiki/Natural_law" title="Natural law">Natural law</a></li> <li><a href="/wiki/Rule_of_law" title="Rule of law">Rule of law</a></li> <li><a href="/wiki/Social_justice" title="Social justice">Social justice</a></li> <li><a href="/wiki/Welfare_state" title="Welfare state">Welfare state</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent; border-top:1px solid #AAA; text-align:center;color: var(--color-base)">History</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/English_Civil_War" title="English Civil War">English Civil War</a></li> <li><a href="/wiki/Glorious_Revolution" title="Glorious Revolution">Glorious Revolution</a></li> <li><a href="/wiki/Anti-Corn_Law_League" class="mw-redirect" title="Anti-Corn Law League">Anti-Corn Law League</a></li> <li><a href="/wiki/Victorian_era" title="Victorian era">Victorian era</a></li> <li><a href="/wiki/Chartism" title="Chartism">Chartism</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent; border-top:1px solid #AAA; text-align:center;color: var(--color-base)">Intellectuals</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/John_Dalberg-Acton,_1st_Baron_Acton" title="John Dalberg-Acton, 1st Baron Acton">Acton</a></li> <li><a href="/wiki/Matthew_Arnold" title="Matthew Arnold">Arnold</a></li> <li><a href="/wiki/Jeremy_Bentham" title="Jeremy Bentham">Bentham</a></li> <li><a href="/wiki/Isaiah_Berlin" title="Isaiah Berlin">Berlin</a></li> <li><a href="/wiki/William_Beveridge" title="William Beveridge">Beveridge</a></li> <li><a href="/wiki/Edmund_Burke" title="Edmund Burke">Burke</a></li> <li><a href="/wiki/Lord_Byron" title="Lord Byron">Byron</a></li> <li><a href="/wiki/G._K._Chesterton" title="G. K. Chesterton">Chesterton</a></li> <li><a href="/wiki/R._G._Collingwood" title="R. G. Collingwood">Collingwood</a></li> <li><a href="/wiki/Millicent_Fawcett" title="Millicent Fawcett">Fawcett</a></li> <li><a href="/wiki/Michael_Freeden" title="Michael Freeden">Freeden</a></li> <li><a href="/wiki/T._H._Green" title="T. H. Green">Green</a></li> <li><a href="/wiki/Barbara_Hammond" title="Barbara Hammond">Hammond (Barbara)</a></li> <li><a href="/wiki/John_Lawrence_Hammond" title="John Lawrence Hammond">Hammond (John Lawrence)</a></li> <li><a href="/wiki/Friedrich_Hayek" title="Friedrich Hayek">Hayek</a></li> <li><a href="/wiki/Leonard_Hobhouse" title="Leonard Hobhouse">Hobhouse</a></li> <li><a href="/wiki/John_Maynard_Keynes" title="John Maynard Keynes">Keynes</a></li> <li><a href="/wiki/John_Locke" title="John Locke">Locke</a></li> <li><a href="/wiki/Thomas_Babington_Macaulay" title="Thomas Babington Macaulay">Macaulay</a></li> <li><a href="/wiki/James_Mill" title="James Mill">Mill (James)</a></li> <li><a href="/wiki/John_Stuart_Mill" title="John Stuart Mill">Mill (John Stuart)</a></li> <li><a href="/wiki/Ramsay_Muir" title="Ramsay Muir">Muir</a></li> <li><a href="/wiki/Thomas_Paine" title="Thomas Paine">Paine</a></li> <li><a href="/wiki/Joseph_Priestley" title="Joseph Priestley">Priestley</a></li> <li><a class="mw-selflink selflink">Ricardo</a></li> <li><a href="/wiki/Percy_Bysshe_Shelley" title="Percy Bysshe Shelley">Shelley</a></li> <li><a href="/wiki/Adam_Smith" title="Adam Smith">Smith</a></li> <li><a href="/wiki/Herbert_Spencer" title="Herbert Spencer">Spencer</a></li> <li><a href="/wiki/Harriet_Taylor_Mill" title="Harriet Taylor Mill">Taylor Mill</a></li> <li><a href="/wiki/Sir_George_Trevelyan,_2nd_Baronet" title="Sir George Trevelyan, 2nd Baronet">Trevelyan (George)</a></li> <li><a href="/wiki/G._M._Trevelyan" title="G. M. Trevelyan">Trevelyan (George Macaulay)</a></li> <li><a href="/wiki/James_Wilson_(businessman)" title="James Wilson (businessman)">Wilson</a></li> <li><a href="/wiki/Mary_Wollstonecraft" title="Mary Wollstonecraft">Wollstonecraft</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent; border-top:1px solid #AAA; text-align:center;color: var(--color-base)">Politicians</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/H._H._Asquith" title="H. H. Asquith">Asquith</a></li> <li><a href="/wiki/Michael_Thomas_Bass" title="Michael Thomas Bass">Bass</a></li> <li><a href="/wiki/John_Bright" title="John Bright">Bright</a></li> <li><a href="/wiki/Edmund_Burke" title="Edmund Burke">Burke</a></li> <li><a href="/wiki/Vince_Cable" title="Vince Cable">Cable</a></li> <li><a href="/wiki/Henry_Campbell-Bannerman" title="Henry Campbell-Bannerman">Campbell-Bannerman</a></li> <li><a href="/wiki/Joseph_Chamberlain" title="Joseph Chamberlain">Chamberlain</a></li> <li><a href="/wiki/Nick_Clegg" title="Nick Clegg">Clegg</a></li> <li><a href="/wiki/Richard_Cobden" title="Richard Cobden">Cobden</a></li> <li><a href="/wiki/Charles_James_Fox" title="Charles James Fox">Fox</a></li> <li><a href="/wiki/William_Ewart_Gladstone" title="William Ewart Gladstone">Gladstone</a></li> <li><a href="/wiki/Henry_Hunt_(politician)" title="Henry Hunt (politician)">Hunt</a></li> <li><a href="/wiki/Roy_Jenkins" title="Roy Jenkins">Jenkins</a></li> <li><a href="/wiki/Charles_Kennedy" title="Charles Kennedy">Kennedy</a></li> <li><a href="/wiki/David_Lloyd_George" title="David Lloyd George">Lloyd George</a></li> <li><a href="/wiki/John_Stuart_Mill" title="John Stuart Mill">Mill (John Stuart)</a></li> <li><a href="/wiki/Ramsay_Muir" title="Ramsay Muir">Muir</a></li> <li><a href="/wiki/Dadabhai_Naoroji" title="Dadabhai Naoroji">Naoroji</a></li> <li><a href="/wiki/Archibald_Primrose,_5th_Earl_of_Rosebery" title="Archibald Primrose, 5th Earl of Rosebery">Rosebery</a></li> <li><a href="/wiki/Ernest_Simon,_1st_Baron_Simon_of_Wythenshawe" title="Ernest Simon, 1st Baron Simon of Wythenshawe">Simon</a></li> <li><a href="/wiki/David_Steel" title="David Steel">Steel</a></li> <li><a href="/wiki/Jeremy_Thorpe" title="Jeremy Thorpe">Thorpe</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent; border-top:1px solid #AAA; text-align:center;color: var(--color-base)">Parties</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Alliance_Party_of_Northern_Ireland" title="Alliance Party of Northern Ireland">Alliance Party of Northern Ireland</a></li> <li><a href="/wiki/Liberal_Democrats_(UK)" title="Liberal Democrats (UK)">Liberal Democrats</a></li> <li><a href="/wiki/Liberal_Party_(UK)" title="Liberal Party (UK)">Liberal Party</a></li> <li><a href="/wiki/Peelite" title="Peelite">Peelite</a></li> <li><a href="/wiki/Radicals_(UK)" title="Radicals (UK)">Radicals</a></li> <li><a href="/wiki/Scottish_Liberal_Democrats" title="Scottish Liberal Democrats">Scottish Liberal Democrats</a></li> <li><a href="/wiki/Social_Democratic_Party_(UK)" title="Social Democratic Party (UK)">Social Democratic Party</a></li> <li><a href="/wiki/Whigs_(British_political_party)" title="Whigs (British political party)">Whigs</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent; border-top:1px solid #AAA; text-align:center;color: var(--color-base)">Media</div><div class="sidebar-list-content mw-collapsible-content hlist" style="font-style:italic"> <ul><li><a href="/wiki/The_Economist" title="The Economist">The Economist</a></li> <li><a href="/wiki/Financial_Times" title="Financial Times">Financial Times</a></li> <li><a href="/wiki/The_Guardian" title="The Guardian">The Guardian</a></li> <li><a href="/wiki/The_Independent" title="The Independent">The Independent</a></li> <li><a href="/wiki/The_Sunday_Times" title="The Sunday Times">The Sunday Times</a></li> <li><a href="/wiki/The_Times" title="The Times">The Times</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent; border-top:1px solid #AAA; text-align:center;color: 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socialist movement in the United Kingdom">Socialism in the United Kingdom</a> <ul><li><a href="/wiki/Liberal_socialism" title="Liberal socialism">Liberal socialism</a></li></ul></li></ul></div></div></td> </tr><tr><td class="sidebar-below plainlist" style="padding-bottom:0.22em; border-top:1px solid #AAA; border-bottom:1px solid #AAA"> <ul><li><span class="nowrap"><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Yellow_flag_waving.svg" class="mw-file-description"><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Yellow_flag_waving.svg/15px-Yellow_flag_waving.svg.png" decoding="async" width="15" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Yellow_flag_waving.svg/22px-Yellow_flag_waving.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Yellow_flag_waving.svg/30px-Yellow_flag_waving.svg.png 2x" data-file-width="249" data-file-height="268" /></a></span> </span><a 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href="mw-data:TemplateStyles:r1066933788"><table class="sidebar sidebar-collapse nomobile nowraplinks" style="width:22.0em; border:4px double #C5C12B; background:var( --background-color-base, #FFFFFF ); color: var( --color-base, inherit );"><tbody><tr><td class="sidebar-pretitle">Part of <a href="/wiki/Category:Liberalism" title="Category:Liberalism">a series</a> on</td></tr><tr><th class="sidebar-title-with-pretitle"><a href="/wiki/Liberalism" title="Liberalism">Liberalism</a></th></tr><tr><td class="sidebar-image" style="padding-top:0.6em"><span typeof="mw:File"><a href="/wiki/Political_colour#Yellow" title="Political colour"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Yellow_flag_waving.svg/75px-Yellow_flag_waving.svg.png" decoding="async" width="75" height="81" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Yellow_flag_waving.svg/113px-Yellow_flag_waving.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Yellow_flag_waving.svg/150px-Yellow_flag_waving.svg.png 2x" data-file-width="249" data-file-height="268" /></a></span></td></tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="border-top:1px solid #C5C12B; text-align:center;color: var(--color-base)"><a href="/wiki/History_of_liberalism" title="History of liberalism">History</a></div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Age_of_Enlightenment" title="Age of Enlightenment">Age of Enlightenment</a></li> <li><a href="/wiki/List_of_liberal_theorists" title="List of liberal theorists">List of liberal theorists</a> (contributions to liberal theory)</li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="border-top:1px solid #C5C12B; text-align:center;color: var(--color-base)">Principles</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Consent_of_the_governed" title="Consent of the governed">Consent of the governed</a></li> <li><a href="/wiki/Due_process" title="Due process">Due process</a></li> <li><a href="/wiki/Liberal_democracy" title="Liberal democracy">Democracy</a></li> <li><a href="/wiki/Economic_liberalism" title="Economic liberalism">Economic liberalism</a></li> <li><a href="/wiki/Economic_globalization" title="Economic globalization">Economic globalization</a></li> <li><a href="/wiki/Social_equality" title="Social equality">Equality</a> <ul><li><a href="/wiki/Gender_equality" title="Gender equality">Gender</a></li> <li><a href="/wiki/Equality_before_the_law" title="Equality before the law">Legal</a></li></ul></li> <li><a href="/wiki/Federalism" title="Federalism">Federalism</a></li> <li><a href="/wiki/Freedom" title="Freedom">Freedom</a> <ul><li><a href="/wiki/Economic_freedom" title="Economic freedom">Economic</a> <ul><li><a href="/wiki/Free_market" title="Free market">Market</a></li> <li><a href="/wiki/Free_trade" title="Free trade">Trade</a></li></ul></li> <li><a href="/wiki/Freedom_of_the_press" title="Freedom of the press">Press</a></li> <li><a href="/wiki/Freedom_of_religion" title="Freedom of religion">Religion</a></li> <li><a href="/wiki/Freedom_of_speech" title="Freedom of speech">Speech</a></li></ul></li> <li><a href="/wiki/Harm_principle" title="Harm principle">Harm principle</a></li> <li><a href="/wiki/Internationalism_(politics)" title="Internationalism (politics)">Internationalism</a></li> <li><a href="/wiki/Invisible_hand" title="Invisible hand">Invisible hand</a></li> <li><a href="/wiki/Labor_theory_of_property" title="Labor theory of property">Labor theory of property</a></li> <li><i><a href="/wiki/Laissez-faire" title="Laissez-faire">Laissez-faire</a></i></li> <li><a href="/wiki/Liberty" title="Liberty">Liberty</a> <ul><li><a href="/wiki/Negative_liberty" title="Negative liberty">Negative</a></li> <li><a href="/wiki/Positive_liberty" title="Positive liberty">Positive</a></li></ul></li> <li><a href="/wiki/Limited_government" title="Limited government">Limited government</a></li> <li><a href="/wiki/Market_economy" title="Market economy">Market economy</a></li> <li><a href="/wiki/Natural_monopoly" title="Natural monopoly">Natural monopoly</a></li> <li><a href="/wiki/Open_society" title="Open society">Open society</a></li> <li><a href="/wiki/Permissive_society" title="Permissive society">Permissive society</a></li> <li><a href="/wiki/Popular_sovereignty" title="Popular sovereignty">Popular sovereignty</a></li> <li><a href="/wiki/Property" title="Property">Property</a> <ul><li><a href="/wiki/Private_property" title="Private property">Private</a></li> <li><a href="/wiki/Public_property" title="Public property">Public</a></li></ul></li> <li><a href="/wiki/Rights" title="Rights">Rights</a> <ul><li><a href="/wiki/Civil_and_political_rights" title="Civil and political rights">Civil and political</a></li> <li><a href="/wiki/Natural_rights_and_legal_rights" title="Natural rights and legal rights">Natural and legal</a></li> <li><a href="/wiki/Right_to_property" title="Right to property">To own property</a></li> <li><a href="/wiki/Right_to_keep_and_bear_arms" title="Right to keep and bear arms">To bear arms</a></li></ul></li> <li><a href="/wiki/Rule_of_law" title="Rule of law">Rule of law</a></li> <li><a href="/wiki/Secularism" title="Secularism">Secularism</a></li> <li><a href="/wiki/Secular_humanism" title="Secular humanism">Secular humanism</a></li> <li><a href="/wiki/Separation_of_church_and_state" title="Separation of church and state">Separation of church and state</a></li> <li><a href="/wiki/Separation_of_powers" title="Separation of powers">Separation of powers</a></li> <li><a href="/wiki/Social_contract" title="Social contract">Social contract</a></li> <li><a href="/wiki/Social_justice" title="Social justice">Social justice</a> <ul><li><a href="/wiki/Social_services" title="Social services">Social services</a></li> <li><a href="/wiki/Welfare_state" title="Welfare state">Welfare state</a></li></ul></li> <li><a href="/wiki/Whig_history" title="Whig history">Whig history</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="border-top:1px solid #C5C12B; text-align:center;color: var(--color-base)"><a href="/wiki/List_of_liberal_theorists" title="List of liberal theorists">Philosophers</a></div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/John_Milton" title="John Milton">Milton</a></li> <li><a href="/wiki/John_Locke" title="John Locke">Locke</a></li> <li><a href="/wiki/Baruch_Spinoza" title="Baruch Spinoza">Spinoza</a></li> <li><a href="/wiki/Montesquieu" title="Montesquieu">Montesquieu</a></li> <li><a href="/wiki/Voltaire" title="Voltaire">Voltaire</a></li> <li><a href="/wiki/Jean-Jacques_Rousseau" title="Jean-Jacques Rousseau">Rousseau</a></li> <li><a href="/wiki/Adam_Smith" title="Adam Smith">Smith</a></li> <li><a href="/wiki/Immanuel_Kant" title="Immanuel Kant">Kant</a></li> <li><a href="/wiki/Anne_Robert_Jacques_Turgot" title="Anne Robert Jacques Turgot">Turgot</a></li> <li><a href="/wiki/Edmund_Burke" title="Edmund Burke">Burke</a></li> <li><a href="/wiki/Joseph_Priestley" title="Joseph Priestley">Priestley</a></li> <li><a href="/wiki/Thomas_Paine" title="Thomas Paine">Paine</a></li> <li><a href="/wiki/Cesare_Beccaria" title="Cesare Beccaria">Beccaria</a></li> <li><a href="/wiki/Marquis_de_Condorcet" title="Marquis de Condorcet">Condorcet</a></li> <li><a href="/wiki/Jeremy_Bentham" title="Jeremy Bentham">Bentham</a></li> <li><a href="/wiki/Adamantios_Korais" title="Adamantios Korais">Korais</a></li> <li><a href="/wiki/Olympe_De_Gouges" class="mw-redirect" title="Olympe De Gouges">De Gouges</a></li> <li><a href="/wiki/Mary_Wollstonecraft" title="Mary Wollstonecraft">Wollstonecraft</a></li> <li><a href="/wiki/Germaine_de_Sta%C3%ABl" title="Germaine de Staël">Staël</a></li> <li><a href="/wiki/Jean-Baptiste_Say" title="Jean-Baptiste Say">Say</a></li> <li><a href="/wiki/Wilhelm_von_Humboldt" title="Wilhelm von Humboldt">Humboldt</a></li> <li><a href="/wiki/Benjamin_Constant" title="Benjamin Constant">Constant</a></li> <li><a class="mw-selflink selflink">Ricardo</a></li> <li><a href="/wiki/Fran%C3%A7ois_Guizot" title="François Guizot">Guizot</a></li> <li><a href="/wiki/Friedrich_List" title="Friedrich List">List</a></li> <li><a href="/wiki/Fr%C3%A9d%C3%A9ric_Bastiat" title="Frédéric Bastiat">Bastiat</a></li> <li><a href="/wiki/Harriet_Martineau" title="Harriet Martineau">Martineau</a></li> <li><a href="/wiki/Ralph_Waldo_Emerson" title="Ralph Waldo Emerson">Emerson</a></li> <li><a href="/wiki/Alexis_de_Tocqueville" title="Alexis de Tocqueville">Tocqueville</a></li> <li><a href="/wiki/John_Stuart_Mill" title="John Stuart Mill">Mill</a></li> <li><a href="/wiki/Herbert_Spencer" title="Herbert Spencer">Spencer</a></li> <li><a href="/wiki/Matthew_Arnold" title="Matthew Arnold">Arnold</a></li> <li><a href="/wiki/John_Dalberg-Acton,_1st_Baron_Acton" title="John Dalberg-Acton, 1st Baron Acton">Acton</a></li> <li><a href="/wiki/Max_Weber" title="Max Weber">Weber</a></li> <li><a href="/wiki/Leonard_Hobhouse" title="Leonard Hobhouse">Hobhouse</a></li> <li><a href="/wiki/Benedetto_Croce" title="Benedetto Croce">Croce</a></li> <li><a href="/wiki/Ernst_Cassirer" title="Ernst Cassirer">Cassirer</a></li> <li><a href="/wiki/Ludwig_von_Mises" title="Ludwig von Mises">Mises</a></li> <li><a href="/wiki/Jos%C3%A9_Ortega_y_Gasset" title="José Ortega y Gasset">Ortega</a></li> <li><a href="/wiki/John_Maynard_Keynes" title="John Maynard Keynes">Keynes</a></li> <li><a href="/wiki/R._G._Collingwood" title="R. G. Collingwood">Collingwood</a></li> <li><a href="/wiki/Karel_%C4%8Capek" title="Karel Čapek">Čapek</a></li> <li><a href="/wiki/Hu_Shih" title="Hu Shih">Hu</a></li> <li><a href="/wiki/Friedrich_Hayek" title="Friedrich Hayek">Hayek</a></li> <li><a href="/wiki/Karl_Popper" title="Karl Popper">Popper</a></li> <li><a href="/wiki/Raymond_Aron" title="Raymond Aron">Aron</a></li> <li><a href="/wiki/Isaiah_Berlin" title="Isaiah Berlin">Berlin</a></li> <li><a href="/wiki/Milton_Friedman" title="Milton Friedman">Friedman</a></li> <li><a href="/wiki/John_Rawls" title="John Rawls">Rawls</a></li> <li><a href="/wiki/Amartya_Sen" title="Amartya Sen">Sen</a></li> <li><a href="/wiki/Robert_Nozick" title="Robert Nozick">Nozick</a></li> <li><a href="/wiki/Will_Kymlicka" title="Will Kymlicka">Kymlicka</a></li> <li><a href="/wiki/Raif_Badawi" title="Raif Badawi">Badawi</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="border-top:1px solid #C5C12B; text-align:center;color: var(--color-base)">Politicians</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Thomas_Jefferson" title="Thomas Jefferson">Jefferson</a></li> <li><a href="/wiki/Hugo_Ko%C5%82%C5%82%C4%85taj" title="Hugo Kołłątaj">Kołłątaj</a></li> <li><a href="/wiki/James_Madison" title="James Madison">Madison</a></li> <li><a href="/wiki/Jos%C3%A9_Gervasio_Artigas" title="José Gervasio Artigas">Artigas</a></li> <li><a href="/wiki/Sim%C3%B3n_Bol%C3%ADvar" title="Simón Bolívar">Bolívar</a></li> <li><a href="/wiki/Victor_de_Broglie_(1785%E2%80%931870)" title="Victor de Broglie (1785–1870)">Broglie</a></li> <li><a href="/wiki/Alphonse_de_Lamartine" title="Alphonse de Lamartine">Lamartine</a></li> <li><a href="/wiki/Thomas_Babington_Macaulay" title="Thomas Babington Macaulay">Macaulay</a></li> <li><a href="/wiki/Lajos_Kossuth" title="Lajos Kossuth">Kossuth</a></li> <li><a href="/wiki/Ferenc_De%C3%A1k_(politician)" title="Ferenc Deák (politician)">Deák</a></li> <li><a href="/wiki/Richard_Cobden" title="Richard Cobden">Cobden</a></li> <li><a href="/wiki/Giuseppe_Mazzini" title="Giuseppe Mazzini">Mazzini</a></li> <li><a href="/wiki/Benito_Ju%C3%A1rez" title="Benito Juárez">Juárez</a></li> <li><a href="/wiki/Abraham_Lincoln" title="Abraham Lincoln">Lincoln</a></li> <li><a href="/wiki/William_Ewart_Gladstone" title="William Ewart Gladstone">Gladstone</a></li> <li><a href="/wiki/Camillo_Benso,_Count_of_Cavour" title="Camillo Benso, Count of Cavour">Cavour</a></li> <li><a href="/wiki/Domingo_Faustino_Sarmiento" title="Domingo Faustino Sarmiento">Sarmiento</a></li> <li><a href="/wiki/Theodor_Mommsen" title="Theodor Mommsen">Mommsen</a></li> <li><a href="/wiki/Dadabhai_Naoroji" title="Dadabhai Naoroji">Naoroji</a></li> <li><a href="/wiki/Itagaki_Taisuke" title="Itagaki Taisuke">Itagaki</a></li> <li><a href="/wiki/Vasil_Levski" title="Vasil Levski">Levski</a></li> <li><a href="/wiki/Nam%C4%B1k_Kemal" title="Namık Kemal">Kemal</a></li> <li><a href="/wiki/Alfred_Deakin" title="Alfred Deakin">Deakin</a></li> <li><a href="/wiki/Pavel_Milyukov" title="Pavel Milyukov">Milyukov</a></li> <li><a href="/wiki/David_Lloyd_George" title="David Lloyd George">Lloyd George</a></li> <li><a href="/wiki/Eleftherios_Venizelos" title="Eleftherios Venizelos">Venizelos</a></li> <li><a href="/wiki/Kaarlo_Juho_St%C3%A5hlberg" title="Kaarlo Juho Ståhlberg">Ståhlberg</a></li> <li><a href="/wiki/Gopal_Krishna_Gokhale" title="Gopal Krishna Gokhale">Gokhale</a></li> <li><a href="/wiki/Walther_Rathenau" title="Walther Rathenau">Rathenau</a></li> <li><a href="/wiki/Francisco_I._Madero" title="Francisco I. Madero">Madero</a></li> <li><a href="/wiki/Luigi_Einaudi" title="Luigi Einaudi">Einaudi</a></li> <li><a href="/wiki/William_Lyon_Mackenzie_King" title="William Lyon Mackenzie King">King</a></li> <li><a href="/wiki/Franklin_D._Roosevelt" title="Franklin D. Roosevelt">Roosevelt</a></li> <li><a href="/wiki/Lester_B._Pearson" title="Lester B. Pearson">Pearson</a></li> <li><a href="/wiki/Bertil_Ohlin" title="Bertil Ohlin">Ohlin</a></li> <li><a href="/wiki/John_F._Kennedy" title="John F. Kennedy">Kennedy</a></li> <li><a href="/wiki/Roy_Jenkins" title="Roy Jenkins">Jenkins</a></li> <li><a href="/wiki/Leszek_Balcerowicz" title="Leszek Balcerowicz">Balcerowicz</a></li> <li><a href="/wiki/Guy_Verhofstadt" title="Guy Verhofstadt">Verhofstadt</a></li> <li><a href="/wiki/Barack_Obama" title="Barack Obama">Obama</a></li> <li><a href="/wiki/Emmanuel_Macron" title="Emmanuel Macron">Macron</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="border-top:1px solid #C5C12B; text-align:center;color: var(--color-base)">Organizations</div><div class="sidebar-list-content mw-collapsible-content hlist"><div class="excerpt-block"><div class="excerpt"> <ul><li><a href="/wiki/Africa_Liberal_Network" title="Africa Liberal Network">Africa Liberal Network</a></li> <li><a href="/wiki/Alliance_of_Liberals_and_Democrats_for_Europe" title="Alliance of Liberals and Democrats for Europe">Alliance of Liberals and Democrats for Europe</a></li> <li><a href="/wiki/Alliance_of_Liberals_and_Democrats_for_Europe_Party" title="Alliance of Liberals and Democrats for Europe Party">Alliance of Liberals and Democrats for Europe Party</a></li> <li><a href="/wiki/Arab_Liberal_Federation" title="Arab Liberal Federation">Arab Liberal Federation</a></li> <li><a href="/wiki/Council_of_Asian_Liberals_and_Democrats" title="Council of Asian Liberals and Democrats">Council of Asian Liberals and Democrats</a></li> <li><a href="/wiki/European_Democratic_Party" title="European Democratic Party">European Democratic Party</a></li> <li><a href="/wiki/European_Liberal_Youth" title="European Liberal Youth">European Liberal Youth</a></li> <li><a href="/wiki/International_Alliance_of_Libertarian_Parties" title="International Alliance of Libertarian Parties">International Alliance of Libertarian Parties</a></li> <li><a href="/wiki/International_Federation_of_Liberal_Youth" title="International Federation of Liberal Youth">International Federation of Liberal Youth</a></li> <li><a href="/wiki/Liberal_International" title="Liberal International">Liberal International</a></li> <li><a href="/wiki/Liberal_Network_for_Latin_America" title="Liberal Network for Latin America">Liberal Network for Latin America</a></li> <li><a href="/wiki/Category:Liberal_parties" title="Category:Liberal parties">Liberal parties</a></li> <li><a href="/wiki/Liberal_South_East_European_Network" title="Liberal South East European Network">Liberal South East European Network</a></li></ul></div></div></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="border-top:1px solid #C5C12B; text-align:center;color: var(--color-base)"><a href="/wiki/Liberal_parties_by_country" title="Liberal parties by country">Regional variants</a></div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Liberalism_in_Europe" title="Liberalism in Europe">Europe</a></li> <li><a href="/wiki/Liberalism_and_conservatism_in_Latin_America" title="Liberalism and conservatism in Latin America">Latin America</a></li> <li><a href="/wiki/Liberalism_in_Albania" title="Liberalism in Albania">Albania</a></li> <li><a href="/wiki/Liberalism_in_Armenia" title="Liberalism in Armenia">Armenia</a></li> <li><a href="/wiki/Liberalism_in_Australia" title="Liberalism in Australia">Australia</a></li> <li><a href="/wiki/Liberalism_in_Austria" title="Liberalism in Austria">Austria</a></li> <li><a href="/wiki/Liberalism_in_Belgium" title="Liberalism in Belgium">Belgium</a></li> <li><a href="/wiki/Liberalism_in_Bolivia" title="Liberalism in Bolivia">Bolivia</a></li> <li><a href="/wiki/Liberalism_in_Brazil" title="Liberalism in Brazil">Brazil</a></li> <li><a href="/wiki/Liberalism_and_radicalism_in_Bulgaria" title="Liberalism and radicalism in Bulgaria">Bulgaria</a></li> <li><a href="/wiki/Liberalism_in_Canada" title="Liberalism in Canada">Canada</a></li> <li><a href="/wiki/Liberalism_and_radicalism_in_Chile" title="Liberalism and radicalism in Chile">Chile</a></li> <li><a href="/wiki/Liberalism_in_China" title="Liberalism in China">China</a> <ul><li><a href="/wiki/Liberalism_in_Hong_Kong" title="Liberalism in Hong Kong">Hong Kong</a></li></ul></li> <li><a href="/wiki/Liberalism_in_Colombia" title="Liberalism in Colombia">Colombia</a></li> <li><a href="/wiki/Liberalism_in_Costa_Rica" title="Liberalism in Costa Rica">Costa Rica</a></li> <li><a href="/wiki/Liberalism_in_Croatia" title="Liberalism in Croatia">Croatia</a></li> <li><a href="/wiki/Liberalism_in_Cuba" title="Liberalism in Cuba">Cuba</a></li> <li><a href="/wiki/Liberalism_in_Cyprus" title="Liberalism in Cyprus">Cyprus</a></li> <li><a href="/wiki/Liberalism_in_Czechia" class="mw-redirect" title="Liberalism in Czechia">Czechia</a></li> <li><a href="/wiki/Liberalism_and_radicalism_in_Denmark" title="Liberalism and radicalism in Denmark">Denmark</a></li> <li><a href="/wiki/Liberalism_and_radicalism_in_Ecuador" title="Liberalism and radicalism in Ecuador">Ecuador</a></li> <li><a href="/wiki/Liberalism_in_Egypt" title="Liberalism in Egypt">Egypt</a></li> <li><a href="/wiki/Liberalism_and_centrism_in_Estonia" title="Liberalism and centrism in Estonia">Estonia</a></li> <li><a href="/wiki/Liberalism_and_centrism_in_Finland" title="Liberalism and centrism in Finland">Finland</a></li> <li><a href="/wiki/Liberalism_and_radicalism_in_France" title="Liberalism and radicalism in France">France</a></li> <li><a href="/wiki/Liberalism_in_Georgia" title="Liberalism in Georgia">Georgia</a></li> <li><a href="/wiki/Liberalism_in_Germany" title="Liberalism in Germany">Germany</a></li> <li><a href="/wiki/Liberalism_in_Greece" title="Liberalism in Greece">Greece</a> <ul><li><a href="/wiki/Venizelism" title="Venizelism">Venizelism</a></li></ul></li> <li><a href="/wiki/Liberalism_in_Honduras" 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class="mw-image-border noviewer" typeof="mw:File"><a href="/wiki/File:A_coloured_voting_box.svg" class="mw-file-description"><img alt="icon" src="//upload.wikimedia.org/wikipedia/en/thumb/0/01/A_coloured_voting_box.svg/16px-A_coloured_voting_box.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/0/01/A_coloured_voting_box.svg/24px-A_coloured_voting_box.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/0/01/A_coloured_voting_box.svg/32px-A_coloured_voting_box.svg.png 2x" data-file-width="160" data-file-height="160" /></a></span> </span><a href="/wiki/Portal:Politics" title="Portal:Politics">Politics portal</a></li></ul></td></tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Liberalism_sidebar" title="Template:Liberalism sidebar"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Liberalism_sidebar" title="Template talk:Liberalism sidebar"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Liberalism_sidebar" title="Special:EditPage/Template:Liberalism sidebar"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table> <p><b>David Ricardo</b> (18 April 1772 – 11 September 1823) was a British <a href="/wiki/Political_economy" title="Political economy">political economist</a>, politician, and member of <a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament</a>. He is recognized as one of the most influential <a href="/wiki/Classical_economics" title="Classical economics">classical economists</a>, alongside figures such as <a href="/wiki/Thomas_Robert_Malthus" title="Thomas Robert Malthus">Thomas Malthus</a>, <a href="/wiki/Adam_Smith" title="Adam Smith">Adam Smith</a> and <a href="/wiki/James_Mill" title="James Mill">James Mill</a>.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p><p>Ricardo was born in London as the third surviving child of a successful stockbroker and his wife. He came from a <a href="/wiki/Sephardic_Jews" title="Sephardic Jews">Sephardic Jewish</a> family of Portuguese origin. At 21, he eloped with a <a href="/wiki/Quaker" class="mw-redirect" title="Quaker">Quaker</a> and converted to <a href="/wiki/Unitarianism" title="Unitarianism">Unitarianism</a>, causing estrangement from his family. He made his fortune financing government borrowing and later retired to an estate in <a href="/wiki/Gloucestershire" title="Gloucestershire">Gloucestershire</a>. Ricardo served as <a href="/wiki/High_Sheriff_of_Gloucestershire" title="High Sheriff of Gloucestershire">High Sheriff of Gloucestershire</a> and bought a seat in Parliament as an earnest reformer. He was friends with prominent figures like <a href="/wiki/James_Mill" title="James Mill">James Mill</a>, <a href="/wiki/Jeremy_Bentham" title="Jeremy Bentham">Jeremy Bentham</a>, and <a href="/wiki/Thomas_Robert_Malthus" title="Thomas Robert Malthus">Thomas Malthus</a>, engaging in debates over various topics. Ricardo was also a member of <a href="/wiki/The_Geological_Society" class="mw-redirect" title="The Geological Society">The Geological Society</a>, and his youngest sister was an author. </p><p>As MP for Portarlington, Ricardo advocated for liberal political movements and reforms, including free trade, parliamentary reform, and criminal law reform. He believed free trade increased the well-being of people by making goods more affordable. Ricardo notably opposed the <a href="/wiki/Corn_Laws" title="Corn Laws">Corn Laws</a>, which he saw as barriers to economic growth. His friend John Louis Mallett described Ricardo's conviction in his beliefs, though he expressed doubts about Ricardo's disregard for experience and practice. Ricardo died at 51 from an ear infection that led to septicaemia (sepsis). He left behind a considerable fortune and a lasting legacy, with his free trade views eventually becoming public policy in Britain. </p><p>Ricardo wrote his first economics article at age 37, advocating for a reduction in the note-issuing of the Bank of England. He was also an <a href="/wiki/Abolitionism" title="Abolitionism">abolitionist</a> and believed in the autonomy of a central bank as the issuer of money. Ricardo worked on fixing issues in Adam Smith's Labour Theory of Value, stating that the value of a commodity depends on the labour necessary for its production. He contributed to the development of theories of rent, wages, and profits, defining rent as the difference between the produce obtained by employing equal quantities of capital and labour. Ricardo's Theory of Profit posited that as real wages increase, real profits decrease due to the revenue split between profits and wages. </p><p>Ricardian theory of international trade challenges the mercantilism concept of accumulating gold or silver by promoting industry specialization and free trade. Ricardo introduced the concept of "comparative advantage," suggesting that nations should concentrate resources only in industries where they have the greatest efficiency of production relative to their own alternative uses of resources. He argued that international trade is always beneficial, even if one country is more competitive in every area than its trading counterpart. Ricardo opposed protectionism for national economies and was concerned about the short-term impact of technological change on labour. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Personal_life">Personal life</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=1" title="Edit section: Personal life"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Born in London, England, Ricardo was the third surviving of the 17 children of successful stockbroker Abraham Israel Ricardo (1733?–1812) and Abigail (1753–1801), daughter of Abraham Delvalle (also "del Valle"), of a respectable <a href="/wiki/Sephardi_Jews" class="mw-redirect" title="Sephardi Jews">Sephardic Jewish</a> family that had been settled in England for three generations as "small but prosperous" tobacco and snuff merchants, and had obtained British citizenship. Abigail's sister, Rebecca, was wife of the engraver <a href="/wiki/Wilson_Lowry" title="Wilson Lowry">Wilson Lowry</a>, and mother of the engraver <a href="/wiki/Joseph_Wilson_Lowry" title="Joseph Wilson Lowry">Joseph Wilson Lowry</a> and the geologist, mineralogist, and author <a href="/wiki/Delvalle_Lowry" title="Delvalle Lowry">Delvalle Lowry</a>.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Heertje_6-0" class="reference"><a href="#cite_note-Heertje-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-:1_7-0" class="reference"><a href="#cite_note-:1-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> The Ricardo family were Sephardic Jews of <a href="/wiki/Portuguese_people" title="Portuguese people">Portuguese</a> origin who had recently relocated from the <a href="/wiki/Dutch_Republic" title="Dutch Republic">Dutch Republic</a>.<sup id="cite_ref-Heertje_6-1" class="reference"><a href="#cite_note-Heertje-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> Ricardo began working with his father at the age of 14. At the age of 21, Ricardo eloped with a <a href="/wiki/Religious_Society_of_Friends" class="mw-redirect" title="Religious Society of Friends">Quaker</a>, Priscilla Anne Wilkinson, and against his father's wishes, converted to <a href="/wiki/Unitarianism" title="Unitarianism">Unitarianism</a>.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> This religious difference resulted in estrangement from his family, and he was led to adopt a position of independence.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> His father disowned him and his mother apparently never spoke to him again.<sup id="cite_ref-sraffa_10-0" class="reference"><a href="#cite_note-sraffa-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> </p><p>Following this estrangement he went into business for himself with the support of Lubbocks and Forster, an eminent banking house. He made the bulk of his fortune by profitably financing Government borrowing. There is a story that he made his fortune as a result of speculation on the outcome of the <a href="/wiki/Battle_of_Waterloo" title="Battle of Waterloo">Battle of Waterloo</a>: <i>The Sunday Times</i> reported in Ricardo's obituary, published on 14 September 1823, that during the battle Ricardo "netted upwards of a million sterling", a huge sum at the time, and this was later popularised by the economist <a href="/wiki/Paul_Samuelson" title="Paul Samuelson">Paul Samuelson</a>; in reality Ricardo was already very rich and in June 1815 sold his latest government stock before the result of the battle was known in London, so missing half of the rise.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </p><p>He subsequently purchased <a href="/wiki/Gatcombe_Park" title="Gatcombe Park">Gatcombe Park</a>, an estate in <a href="/wiki/Gloucestershire" title="Gloucestershire">Gloucestershire</a> and retired to the country. He was appointed <a href="/wiki/High_Sheriff_of_Gloucestershire" title="High Sheriff of Gloucestershire">High Sheriff of Gloucestershire</a> for 1818–19.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> In August 1818 he bought Lord Portarlingtons' seat in Parliament for £4,000, as part of the terms of a loan of £25,000. His record in Parliament was that of an earnest reformer. He held the seat until his death five years later.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> </p><p>Ricardo was a close friend of <a href="/wiki/James_Mill" title="James Mill">James Mill</a>. Other notable friends included <a href="/wiki/Jeremy_Bentham" title="Jeremy Bentham">Jeremy Bentham</a> and <a href="/wiki/Thomas_Malthus" class="mw-redirect" title="Thomas Malthus">Thomas Malthus</a>, with whom Ricardo had a considerable debate (in correspondence) over such things as the role of landowners in a society. He also was a member of Malthus' <a href="/wiki/Political_Economy_Club" title="Political Economy Club">Political Economy Club</a>, and a member of the <a href="/wiki/King_of_Clubs_(Whig_club)" title="King of Clubs (Whig club)">King of Clubs</a>. He was one of the original members of <a href="/wiki/The_Geological_Society" class="mw-redirect" title="The Geological Society">The Geological Society</a>.<sup id="cite_ref-sraffa_10-1" class="reference"><a href="#cite_note-sraffa-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> His youngest sister was author <a href="/wiki/George_Richardson_Porter#Family" title="George Richardson Porter">Sarah Ricardo-Porter</a> (e.g., <i>Conversations in Arithmetic</i>). </p> <div class="mw-heading mw-heading2"><h2 id="Parliamentary_record">Parliamentary record</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=2" title="Edit section: Parliamentary record"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>As MP for <a href="/wiki/Portarlington_(UK_Parliament_constituency)" title="Portarlington (UK Parliament constituency)">Portarlington</a>, Ricardo voted with the opposition in support of liberal political movements in <a href="/wiki/Naples" title="Naples">Naples</a> and <a href="/wiki/Sicily" title="Sicily">Sicily</a>, and for inquiry into the administration of justice in <a href="/wiki/Tobago" title="Tobago">Tobago</a>. He divided for (voted for) repeal of the <a href="/wiki/Six_Acts" title="Six Acts">Blasphemous and Seditious Libels Act</a>; then for inquiry into the <a href="/wiki/Peterloo_massacre" class="mw-redirect" title="Peterloo massacre">Peterloo massacre</a>; and, in 1821, for abolition of the death penalty for forgery. </p><p>He adamantly supported <a href="/wiki/Free_trade" title="Free trade">free trade</a>. In 1821 he voted against renewal of the sugar duties, and objected to the higher duty on <i>East</i> Indian as opposed to <i>West</i> Indian produce. He opposed the timber duties. He voted silently for parliamentary reform and in 1822 spoke in its favour at the Westminster anniversary reform dinner; and again voted for criminal law reform. </p><p>Ricardo believed that increasing imports by free trade boosted the wellbeing of mankind by increasing the amount of goods cheaply available for subsistence and consumption. He was said to have "possessed an extraordinary quickness in perceiving in the turns of the market any accidental difference which might arise between the relative price of different stocks".<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> And he grew his wealth dealing in securities during the Revolutionary and <a href="/wiki/Napoleonic_wars" class="mw-redirect" title="Napoleonic wars">Napoleonic wars</a>. </p><p>As the Napoleonic Wars waged on, Ricardo developed a disdain for the <a href="/wiki/Corn_Laws" title="Corn Laws">Corn Laws</a> imposed by the British to encourage exports. Notably, government intervention in the <a href="/wiki/Grain_trade" title="Grain trade">grain trade</a> can be traced as far back as the 1400s; and thereafter trade was controlled, regulated, and taxed. Meanwhile, England developed a capitalist economy involving workers and landlords generating and consuming incomes and capital accumulations that depended entirely on capitalists’ profits,<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> and these key economic elements were under perpetual pressure during the eighteenth and early nineteenth centuries. </p><p>Political reform was needed as agricultural output was struggling to keep pace with population growth. The Corn Laws imposed barriers to imports that increased subsistence/consumption costs and triggered demand for higher wages. Higher wages reduced profits for agricultural producers, and had the immediate effects of reducing capital investments and slowing the growth of a nation's economy. Rising rents, attributed by Ricardo to the Corn Laws, came at the expense of the economic profits of nations. For David Ricardo, free trade was ever the answer; he envisioned Britain as importing agriculture products in exchange for exporting manufactured goods.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> Eventually, after his death, the interventionist laws were repealed, and his free trade views became public policy in Britain.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> </p><p>Of David Ricardo, his friend John Louis Mallett commented: " … he meets you upon every subject that he has studied with a mind made up, and opinions in the nature of mathematical truths. He spoke of parliamentary reform and ballot as a man who would bring such things about, and destroy the existing system tomorrow, if it were in his power, and without the slightest doubt on the result … It is this very quality of the man’s mind, his entire disregard of experience and practice, which makes me doubtful of his opinions on political economy." </p> <div class="mw-heading mw-heading2"><h2 id="Death_and_legacy">Death and legacy</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=3" title="Edit section: Death and legacy"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Ten years after retiring and four years after entering Parliament, Ricardo died from an infection of the middle ear that spread into his brain and induced <a href="/wiki/Septicaemia" class="mw-redirect" title="Septicaemia">septicaemia</a>. He was 51. </p><p>He and his wife Priscilla had eight children together including <a href="/wiki/Osman_Ricardo" title="Osman Ricardo">Osman Ricardo</a> (1795–1881; MP for <a href="/wiki/Worcester_(UK_Parliament_constituency)" title="Worcester (UK Parliament constituency)">Worcester</a> 1847–1865), <a href="/wiki/David_Ricardo_(the_younger)" title="David Ricardo (the younger)">David Ricardo</a> (1803–1864, MP for <a href="/wiki/Stroud_(UK_Parliament_constituency)" title="Stroud (UK Parliament constituency)">Stroud</a> 1832–1833) and Mortimer Ricardo, who served as an officer in the <a href="/wiki/Life_Guards_(British_Army)" class="mw-redirect" title="Life Guards (British Army)">Life Guards</a> and was a <a href="/wiki/Deputy_lieutenant" title="Deputy lieutenant">deputy lieutenant</a> for <a href="/wiki/Oxfordshire" title="Oxfordshire">Oxfordshire</a>.<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> </p><p>Ricardo is buried in an ornate grave in the churchyard of <a href="/wiki/Nicholas_of_Myra" class="mw-redirect" title="Nicholas of Myra">Saint Nicholas</a> in Hardenhuish, now a suburb of <a href="/wiki/Chippenham" title="Chippenham">Chippenham</a>, Wiltshire. At the time of his death his assets were estimated at £675,000–£775,000.<sup id="cite_ref-:1_7-1" class="reference"><a href="#cite_note-:1-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Ideas">Ideas</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=4" title="Edit section: Ideas"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Ricardo wrote his first economics article at 37, firstly in <i><a href="/wiki/The_Morning_Chronicle" title="The Morning Chronicle">The Morning Chronicle</a></i> advocating reduction in the note-issuing of the <a href="/wiki/Bank_of_England" title="Bank of England">Bank of England</a> and then publishing <i>The High Price of Bullion, a Proof of the Depreciation of Bank Notes</i> in 1810.<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> </p><p>He was also an <a href="/wiki/Abolitionism" title="Abolitionism">abolitionist</a>, speaking at a meeting of the Court of the <a href="/wiki/East_India_Company" title="East India Company">East India Company</a> in March 1823, where he said he regarded <a href="/wiki/Slavery" title="Slavery">slavery</a> as a stain on the character of the nation.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Banking">Banking</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=5" title="Edit section: Banking"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p><a href="/wiki/Adam_Smith" title="Adam Smith">Adam Smith</a> argued that free commercial banking, such as the banking system in Scotland which had no <a href="/wiki/Central_bank" title="Central bank">central bank</a> when <i><a href="/wiki/Wealth_of_Nations" class="mw-redirect" title="Wealth of Nations">Wealth of Nations</a></i> was written in 1776, was favourable to economic growth. Writing just a few decades later, Ricardo argued for a central bank, a cause that was taken up by his students, including <a href="/wiki/John_Stuart_Mill" title="John Stuart Mill">John Stuart Mill</a>, who was known to favour the <i><a href="/wiki/Laissez-faire" title="Laissez-faire">laissez-faire</a></i> policies in every place but banking. </p><p>Ricardo wrote the <i>Plan for the Establishment of a National Bank</i> (published posthumously in 1824), which argued for the autonomy of the central bank as the issuer of money.<sup id="cite_ref-bindseil2019_22-0" class="reference"><a href="#cite_note-bindseil2019-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup> </p><p>Ricardo proposed that a ratio of gold and Treasury bills, and a fixed claim (asset) against the government, would secure the central bank's liquidity:<sup id="cite_ref-binsdseil2019_23-0" class="reference"><a href="#cite_note-binsdseil2019-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> </p> <blockquote><p>The public, or the Government on behalf of the public, is indebted to the Bank in a sum of money larger than the whole amount of Bank notes in circulation; for the Government not only owes the Bank fifteen million, its original capital, which is lent at 3 per cent. interest, but also many more millions which are advanced on Exchequer bills, on half-pay and pension annuities, and on other securities. It is evident, therefore, that if the Government itself were to be the sole issuer of paper money instead of borrowing it of the Bank, the only difference would be with respect to the interest: the Bank would no longer receive interest and the Government would no longer pay it; but all other classes in the community would be exactly in the same position in which they now stand.</p></blockquote> <p>Ricardo was a man of many trades, economically and financially speaking. Ricardo was able to recognize and identify the problem presented through banking within regulations and debauched standards of approval at certain times. Ricardo knew that banks in rural areas as well as the Bank of England had increased note lending and overall lending in 1810. Through this, Ricardo proved subsequent changes in price level through the market was also affected and thus new regulations needed to be made available. Furthermore, Ricardo was able to understand and distinguish the socioeconomic makeup that created and established parameters around different classes within the economy. Ricardo advocated for the productive powers of labour to be held in high concern as the most influential of devices that played a role in the progression of the American Economy along with others. In addition, Ricardo made notable advancements in the concept build involving reactions in the open market when considering banking altercations, stock investments, or other considerable impacting events. Ricardo wanted to establish a firm ground between the bank and the control over monetary policy because there was power within the banking system that Ricardo believed needed to be considered carefully. In 1816, Ricardo said “In the present state of the law, they have the power, without any control whatever, of increasing or reducing the circulation in any degree they may think proper: a power which should neither be entrusted to the State itself, nor to anybody in it; as there can be no security for the uniformity in the value of the currency, when its augmentation or diminution depends solely on the will of the issuers.” Ricardo felt the circulation of money and the decision behind how much is available at any time should not be entrusted to either the State, or any individual. Ricardo argued for the most even distribution possible with the highest control readily available. </p> <div class="mw-heading mw-heading3"><h3 id="Value_theory">Value theory</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=6" title="Edit section: Value theory"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>David Ricardo worked to fix the issues he felt were most concerning with <a href="/wiki/Adam_Smith" title="Adam Smith">Adam Smith</a>’s Labour Theory of Value.<sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup> Both men worked with the assumption that land, labour, and capital were the three basic factors of production. However, Smith narrowed in on labour as the determinant of value. Ricardo believes that with production having three factors it is impossible for only one of them to determine value on its own.<sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> Ricardo illustrates his point by adapting Smith's deer beaver analogy<sup id="cite_ref-26" class="reference"><a href="#cite_note-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup> to show that even when labour is the only factor of production the hardship and tools of the labour will drive a wedge in the relative value of the good. Due to his criticisms of the Labour Theory of Value <a href="/wiki/George_Stigler" title="George Stigler">George Stigler</a> called his theory a "93% labor theory of value".<sup id="cite_ref-27" class="reference"><a href="#cite_note-27"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup> </p><p>Ricardo's most famous work is his <i><a href="/wiki/Principles_of_Political_Economy_and_Taxation" class="mw-redirect" title="Principles of Political Economy and Taxation">Principles of Political Economy and Taxation</a></i> (1817). He advanced a <a href="/wiki/Labour_theory_of_value" class="mw-redirect" title="Labour theory of value">labour theory of value</a>:<sup id="cite_ref-28" class="reference"><a href="#cite_note-28"><span class="cite-bracket">[</span>28<span class="cite-bracket">]</span></a></sup> </p> <blockquote><p>The value of a commodity, or the quantity of any other commodity for which it will exchange, depends on the relative quantity of labour which is necessary for its production, and not on the greater or less compensation which is paid for that labour.</p></blockquote> <p>Ricardo's note to Section VI:<sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">[</span>29<span class="cite-bracket">]</span></a></sup> </p> <blockquote><p>Mr. Malthus appears to think that it is a part of my doctrine, that the cost and value of a thing be the same;—it is, if he means by cost, "cost of production" including profit.</p></blockquote> <div class="mw-heading mw-heading3"><h3 id="Rent">Rent</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=7" title="Edit section: Rent"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Law_of_rent" title="Law of rent">Law of rent</a></div> <p>Ricardo contributed to the development of theories of rent, wages, and profits. He defined <a href="/wiki/Economic_rent" title="Economic rent">rent</a> as "the difference between the produce obtained by the employment of two equal quantities of capital and labour."<sup id="cite_ref-:2_30-0" class="reference"><a href="#cite_note-:2-30"><span class="cite-bracket">[</span>30<span class="cite-bracket">]</span></a></sup> Ricardo believed that the process of economic development, which increased land use and eventually led to the cultivation of poorer land, principally benefited landowners. According to Ricardo, such premium over "real social value" that is reaped due to ownership constitutes value to an individual but is at best<sup id="cite_ref-31" class="reference"><a href="#cite_note-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup> a paper monetary return to "society". The portion of such purely individual benefit that accrues to scarce resources Ricardo labels "rent". </p><p>In particular, Ricardo postulates that rent is a result of increased populations which results in assets growing scarce and in some cases diminished returns of which were once abundant. Ricardo breaks down this premise by first supposing there are three fields of land - No. 1, 2, 3, - to yield corn, with an equal employment of capital and labour. Initially land No.1 is cultivated and is very productive as measured through the abundant surplus. Over time this abundant surplus becomes diminished as the result of an increase in population, which subsequently creates an increased demand for food. The less desired land, No.2, must now be cultivated and eventually so must land No.3 and so on and so forth. For Ricardo each new cultivated results in diminished surplus as the quality of land fails to yield the equal of that before it. In light of such diminishing surplus landowners see opportunities to charge rent as a means to compensate for the loss of returns on output.<sup id="cite_ref-:2_30-1" class="reference"><a href="#cite_note-:2-30"><span class="cite-bracket">[</span>30<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Model-making">Model-making</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=8" title="Edit section: Model-making"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>According to <a href="/wiki/Sociology_of_quantification" title="Sociology of quantification"> sociologist of quantification</a> <a href="/wiki/Mary_S._Morgan" title="Mary S. Morgan">Mary S. Morgan</a> David Ricardo can be considered <i>one of the pioneers in economic modelling</i>.<sup id="cite_ref-Morgan_32-0" class="reference"><a href="#cite_note-Morgan-32"><span class="cite-bracket">[</span>32<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page / location: 45">: 45 </span></sup> In studying rents, for example, Ricardo experiments numerically to determine the relative share of profit accruing to land owner, capital holder and laborers through what Morgan calls 'numerical model farming'. In his numerical and verbal accounts Ricardo tests different improvements in capital, technology or labour to increase the yield of a farm, paralleling actual experiments run by his contemporaries such as <a href="/wiki/Charles_Townshend,_2nd_Viscount_Townshend#"Turnip"_Townshend" title="Charles Townshend, 2nd Viscount Townshend"> "Turnip" Townshend</a>.<sup id="cite_ref-Morgan_32-1" class="reference"><a href="#cite_note-Morgan-32"><span class="cite-bracket">[</span>32<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page / location: 61">: 61 </span></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Ricardo's_theories_of_wages_and_profits"><span id="Ricardo.27s_theories_of_wages_and_profits"></span>Ricardo's theories of wages and profits</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=9" title="Edit section: Ricardo's theories of wages and profits"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In his <i>Theory of Profit</i>, Ricardo stated that as <a href="/wiki/Real_wages" title="Real wages">real wages</a> increase, real profits decrease because the revenue from the sale of manufactured goods is split between profits and wages. He said in his <i>Essay on Profits</i>, "Profits depend on high or low wages, wages on the price of necessaries, and the price of necessaries chiefly on the price of food." </p> <div class="mw-heading mw-heading2"><h2 id="Ricardian_theory_of_international_trade">Ricardian theory of international trade</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=10" title="Edit section: Ricardian theory of international trade"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Between 1500 and 1750 most economists advocated <a href="/wiki/Mercantilism" title="Mercantilism">mercantilism</a>, which promoted the idea of international trade for the purpose of earning bullion by running a trade surplus with other countries. Ricardo challenged the idea that the purpose of trade was merely to accumulate gold or silver. With "<a href="/wiki/Comparative_advantage" title="Comparative advantage">comparative advantage</a>" Ricardo argued in favour of industry specialisation and <a href="/wiki/Free_trade" title="Free trade">free trade</a>. He suggested that industry specialization combined with free international trade always produces positive results. This theory expanded on the concept of <a href="/wiki/Absolute_advantage" title="Absolute advantage">absolute advantage</a>. </p><p>Ricardo suggested that there is mutual national benefit from trade even if one country is more competitive in every area than its trading counterpart and that a nation should concentrate resources only in industries where it has a <a href="/wiki/Comparative_advantage" title="Comparative advantage">comparative advantage</a>,<sup id="cite_ref-33" class="reference"><a href="#cite_note-33"><span class="cite-bracket">[</span>33<span class="cite-bracket">]</span></a></sup> that is in those industries in which it has the greatest efficiency of production relative to its own alternative uses of resources, rather than industries where it holds a competitive edge compared to rival nations. Ricardo suggested that national industries which were, in fact, mildly profitable and marginally internationally competitive should be jettisoned in favour of the industries that made the best use of limited resources—the assumption being that subsequent economic growth due to better resource use would more than offset any short-run economic dislocation which would result from closing mildly profitable and marginally competitive national industries. </p><p>Ricardo attempted to prove theoretically that international trade is always beneficial.<sup id="cite_ref-34" class="reference"><a href="#cite_note-34"><span class="cite-bracket">[</span>34<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Paul_Samuelson" title="Paul Samuelson">Paul Samuelson</a> called the numbers used in Ricardo's example dealing with trade between England and Portugal the "four magic numbers".<sup id="cite_ref-35" class="reference"><a href="#cite_note-35"><span class="cite-bracket">[</span>35<span class="cite-bracket">]</span></a></sup> "In spite of the fact that the Portuguese could produce both cloth and wine with less amount of labour, Ricardo suggested that both countries would benefit from trade with each other". </p><p>As for recent extensions of Ricardian models, see <a href="/wiki/International_trade_theory#Ricardian_trade_theory_extensions" title="International trade theory">Ricardian trade theory extensions</a>. </p> <div class="mw-heading mw-heading3"><h3 id="Comparative_advantage">Comparative advantage</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=11" title="Edit section: Comparative advantage"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Ricardo's theory of international trade was reformulated by John Stuart Mill in 1844.<sup id="cite_ref-36" class="reference"><a href="#cite_note-36"><span class="cite-bracket">[</span>36<span class="cite-bracket">]</span></a></sup> The term "comparative advantage" was introduced by J. S. Mill and his contemporaries. </p><p>John Stuart Mill started a neoclassical turn of international trade theory, i.e. his formulation was inherited by Alfred Marshall and others, and has both contributed to the resurrection of the anti-Ricardian concept of law of supply and demand, and induced the arrival of neoclassical theory of value.<sup id="cite_ref-37" class="reference"><a href="#cite_note-37"><span class="cite-bracket">[</span>37<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="New_interpretation">New interpretation</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=12" title="Edit section: New interpretation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Ricardo's four magic numbers have long been interpreted as comparison of two ratios of labour (or other input in fixed supply) coefficients. This interpretation is now considered as overly simplistic by modern economists. The point was rediscovered by Roy J. Ruffin<sup id="cite_ref-38" class="reference"><a href="#cite_note-38"><span class="cite-bracket">[</span>38<span class="cite-bracket">]</span></a></sup> in 2002 and re-examined and explained in detail in Andrea Maneschi<sup id="cite_ref-39" class="reference"><a href="#cite_note-39"><span class="cite-bracket">[</span>39<span class="cite-bracket">]</span></a></sup> in 2004. The more flexible approach is now known as the <i>new interpretation</i>, despite having been previously mentioned by <a href="/wiki/Piero_Sraffa" title="Piero Sraffa">Piero Sraffa</a> in 1930 and by Kenzo Yukizawa in 1974.<sup id="cite_ref-40" class="reference"><a href="#cite_note-40"><span class="cite-bracket">[</span>40<span class="cite-bracket">]</span></a></sup> The new interpretation affords a totally new reading of Ricardo's <i>Principles of Political Economy and Taxation</i> with regards to trade theory, although it does not change the mathematics of optimal resource allocation.<sup id="cite_ref-41" class="reference"><a href="#cite_note-41"><span class="cite-bracket">[</span>41<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Protectionism">Protectionism</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=13" title="Edit section: Protectionism"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Like Adam Smith, Ricardo was an opponent of <a href="/wiki/Protectionism" title="Protectionism">protectionism</a> for national economies, especially for agriculture. He believed that the British "<a href="/wiki/Corn_Laws" title="Corn Laws">Corn Laws</a>"—imposing tariffs on agricultural products—ensured that less-productive domestic land would be cultivated and rents would be driven up (<a href="#CITEREFCaseFair1999">Case & Fair 1999</a>, pp. 812, 813). Thus, profits would be directed toward landlords and away from the emerging industrial capitalists. Ricardo believed landlords tended to squander their wealth on luxuries, rather than invest. He believed the Corn Laws were leading to the stagnation of the British economy.<sup id="cite_ref-42" class="reference"><a href="#cite_note-42"><span class="cite-bracket">[</span>42<span class="cite-bracket">]</span></a></sup> In 1846, his nephew <a href="/wiki/John_Ricardo" class="mw-redirect" title="John Ricardo">John Lewis Ricardo</a>, <a href="/wiki/Member_of_Parliament_(United_Kingdom)" title="Member of Parliament (United Kingdom)">MP</a> for <a href="/wiki/Stoke-upon-Trent_(UK_Parliament_constituency)" title="Stoke-upon-Trent (UK Parliament constituency)">Stoke-upon-Trent</a>, advocated <a href="/wiki/Free_trade" title="Free trade">free trade</a> and the repeal of the Corn Laws. </p><p>Modern empirical analysis of the Corn Laws yields mixed results.<sup id="cite_ref-43" class="reference"><a href="#cite_note-43"><span class="cite-bracket">[</span>43<span class="cite-bracket">]</span></a></sup> Parliament repealed the Corn Laws in 1846. </p> <div class="mw-heading mw-heading3"><h3 id="Technological_change">Technological change</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=14" title="Edit section: Technological change"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Ricardo was concerned about the impact of technological change on labour in the short-term.<sup id="cite_ref-:0_44-0" class="reference"><a href="#cite_note-:0-44"><span class="cite-bracket">[</span>44<span class="cite-bracket">]</span></a></sup> In 1821, he wrote that he had become "convinced that the substitution of machinery for human labour, is often very injurious to the interests of the class of labourers," and that "the opinion entertained by the labouring class, that the employment of machinery is frequently detrimental to their interests, is not founded on prejudice and error, but is conformable to the correct principles of political economy."<sup id="cite_ref-:0_44-1" class="reference"><a href="#cite_note-:0-44"><span class="cite-bracket">[</span>44<span class="cite-bracket">]</span></a></sup> Ricardo's idea of technological change is now formulated in a modern form.<sup id="cite_ref-Shiozawa20_45-0" class="reference"><a href="#cite_note-Shiozawa20-45"><span class="cite-bracket">[</span>45<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Criticism_of_the_Ricardian_theory_of_trade">Criticism of the Ricardian theory of trade</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=15" title="Edit section: Criticism of the Ricardian theory of trade"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Ricardo himself was the first to recognize that comparative advantage is a domain-specific theory, meaning that it applies only when certain conditions are met. Ricardo noted that the theory applies only in situations where capital is immobile. Regarding his famous example, he wrote: </p> <blockquote><p>it would undoubtedly be advantageous to the capitalists [and consumers] of England... [that] the wine and cloth should both be made in Portugal [and that] the capital and labour of England employed in making cloth should be removed to Portugal for that purpose.<sup id="cite_ref-Ricardo_1821_7.19_46-0" class="reference"><a href="#cite_note-Ricardo_1821_7.19-46"><span class="cite-bracket">[</span>46<span class="cite-bracket">]</span></a></sup> </p></blockquote> <p>Ricardo recognized that applying his theory in situations where capital was mobile would result in <a href="/wiki/Offshoring" title="Offshoring">offshoring</a>, and thereby economic decline and job loss. To correct for this, he argued that (i) "most men of property [will be] satisfied with a low rate of profits in their own country, rather than seek[ing] a more advantageous employment for their wealth in foreign nations", and (ii) capital was functionally immobile.<sup id="cite_ref-Ricardo_1821_7.19_46-1" class="reference"><a href="#cite_note-Ricardo_1821_7.19-46"><span class="cite-bracket">[</span>46<span class="cite-bracket">]</span></a></sup> </p><p>Ricardo's argument in favour of <a href="/wiki/Free_trade" title="Free trade">free trade</a> has also been attacked by those who believe trade restriction can be necessary for the economic development of a nation. <a href="/wiki/Utsa_Patnaik" title="Utsa Patnaik">Utsa Patnaik</a> claims that Ricardian theory of <a href="/wiki/International_trade" title="International trade">international trade</a> contains a logical fallacy. Ricardo assumed that in both countries two goods are producible and actually are produced, but developed and underdeveloped countries often trade those goods which are not producible in their own country. In these cases, one cannot define which country has comparative advantage.<sup id="cite_ref-47" class="reference"><a href="#cite_note-47"><span class="cite-bracket">[</span>47<span class="cite-bracket">]</span></a></sup> </p><p>Critics also argue that Ricardo's theory of <a href="/wiki/Comparative_advantage" title="Comparative advantage">comparative advantage</a> is flawed in that it assumes production is continuous and absolute. In the real world, events outside the realm of human control (e.g. natural disasters) can disrupt production. In this case, specialisation could cripple a country that depends on imports from foreign, naturally disrupted countries. For example, if an industrially based country trades its manufactured goods with an <a href="/wiki/Agrarian_country" class="mw-redirect" title="Agrarian country">agrarian country</a> in exchange for agricultural products, a natural disaster in the agricultural country (e.g. drought) may cause the industrially based country to starve. </p><p>As <a href="/wiki/Joan_Robinson" title="Joan Robinson">Joan Robinson</a> pointed out, following the opening of free trade with England, Portugal endured centuries of economic underdevelopment: "the imposition of free trade on Portugal killed off a promising textile industry and left her with a slow-growing export market for wine, while for England, exports of cotton cloth led to accumulation, mechanisation and the whole spiralling growth of the industrial revolution". Robinson argued that Ricardo's example required that economies be in static equilibrium positions with full employment and that there could not be a trade deficit or a trade surplus. These conditions, she wrote, were not relevant to the real world. She also argued that Ricardo's math did not take into account that some countries may be at different levels of development and that this raised the prospect of 'unequal exchange' which might hamper a country's development, as we saw in the case of Portugal.<sup id="cite_ref-48" class="reference"><a href="#cite_note-48"><span class="cite-bracket">[</span>48<span class="cite-bracket">]</span></a></sup> </p><p>The development economist <a href="/wiki/Ha-Joon_Chang" title="Ha-Joon Chang">Ha-Joon Chang</a> challenges the argument that free trade benefits every country: </p> <blockquote><div> <p>Ricardo’s theory is absolutely right—within its narrow confines. His theory correctly says that, <i>accepting their current levels of technology as given</i>, it is better for countries to specialize in things that they are relatively better at. One cannot argue with that. His theory fails when a country wants to acquire more advanced technologies—that is, when it wants to develop its economy. It takes time and experience to absorb new technologies, so technologically backward producers need a period of protection from international competition during this period of learning. Such protection is costly, because the country is giving up the chance to import better and cheaper products. However, it is a price that has to be paid if it wants to develop advanced industries. Ricardo’s theory is, thus seen, for those who accept the <i>status quo</i> but not for those who want to change it.<sup id="cite_ref-49" class="reference"><a href="#cite_note-49"><span class="cite-bracket">[</span>49<span class="cite-bracket">]</span></a></sup> </p> </div></blockquote> <div class="mw-heading mw-heading2"><h2 id="Ricardian_equivalence">Ricardian equivalence</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=16" title="Edit section: Ricardian equivalence"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Another idea associated with Ricardo is <a href="/wiki/Ricardian_equivalence" title="Ricardian equivalence">Ricardian equivalence</a>, an argument suggesting that in some circumstances a government's choice of how to pay for its spending (<i>i.e.,</i> whether to use tax revenue or issue debt and run a deficit) might have no effect on the economy. This is due to the fact the public saves its excess money to pay for expected future tax increases that will be used to pay off the debt. Ricardo notes that the proposition is theoretically implied in the presence of intertemporal optimisation by rational taxpayers: but that since taxpayers do not act so rationally, the proposition fails to be true in practice. Thus, while the proposition bears his name, he does not seem to have believed it. Economist <a href="/wiki/Robert_Barro" title="Robert Barro">Robert Barro</a> is responsible for its modern prominence. </p> <div class="mw-heading mw-heading2"><h2 id="Influence_and_intellectual_legacy">Influence and intellectual legacy</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=17" title="Edit section: Influence and intellectual legacy"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>David Ricardo's ideas had a tremendous influence on later developments in economics. US economists rank Ricardo as the second most influential economic thinker, behind Adam Smith, prior to the twentieth century.<sup id="cite_ref-50" class="reference"><a href="#cite_note-50"><span class="cite-bracket">[</span>50<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Ricardian_socialists">Ricardian socialists</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=18" title="Edit section: Ricardian socialists"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Ricardian_socialism" title="Ricardian socialism">Ricardian socialism</a></div> <p>Despite his laissez-faire capitalist views, Ricardo's writings fascinated a number of early socialists in the 1820s, who thought his value theory had radical implications. They argued that, in view of labour theory of value, labour produces the entire product, and the profits capitalists get are a result of exploitations of workers.<sup id="cite_ref-51" class="reference"><a href="#cite_note-51"><span class="cite-bracket">[</span>51<span class="cite-bracket">]</span></a></sup> These include <a href="/wiki/Thomas_Hodgskin" title="Thomas Hodgskin">Thomas Hodgskin</a>, <a href="/wiki/William_Thompson_(philosopher)" title="William Thompson (philosopher)">William Thompson</a>, <a href="/wiki/John_Francis_Bray" title="John Francis Bray">John Francis Bray</a>, and <a href="/wiki/Percy_Ravenstone" class="mw-redirect" title="Percy Ravenstone">Percy Ravenstone</a>. </p> <div class="mw-heading mw-heading3"><h3 id="Georgists">Georgists</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=19" title="Edit section: Georgists"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p><a href="/wiki/Georgists" class="mw-redirect" title="Georgists">Georgists</a> believe that rent, in the sense that Ricardo used, belongs to the community as a whole. <a href="/wiki/Henry_George" title="Henry George">Henry George</a> was greatly influenced by Ricardo, and often cited him, including in his most famous work, <i><a href="/wiki/Progress_and_Poverty" title="Progress and Poverty">Progress and Poverty</a></i> from 1879. In the preface to the fourth edition he wrote: "What I have done in this book, if I have correctly solved the great problem I have sought to investigate, is, to unite the truth perceived by the school of Smith and Ricardo to the truth perceived by the school of Proudhon and Lasalle; to show that laissez faire (in its full true meaning) opens the way to a realization of the noble dreams of socialism; to identify social law with moral law, and to disprove ideas which in the minds of many cloud grand and elevating perceptions."<sup id="cite_ref-52" class="reference"><a href="#cite_note-52"><span class="cite-bracket">[</span>52<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Neo-Ricardians">Neo-Ricardians</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=20" title="Edit section: Neo-Ricardians"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>After the rise of the 'neoclassical' school, Ricardo's influence declined temporarily. It was <a href="/wiki/Piero_Sraffa" title="Piero Sraffa">Piero Sraffa</a>, the editor of the Collected Works of David Ricardo<sup id="cite_ref-53" class="reference"><a href="#cite_note-53"><span class="cite-bracket">[</span>53<span class="cite-bracket">]</span></a></sup> and the author of seminal <i>Production of Commodities by Means of Commodities</i>,<sup id="cite_ref-54" class="reference"><a href="#cite_note-54"><span class="cite-bracket">[</span>54<span class="cite-bracket">]</span></a></sup> who resurrected Ricardo as the originator of another strand of economic thought, which was effaced with the arrival of the neoclassical school. The new interpretation of Ricardo and Sraffa's criticism against the marginal theory of value gave rise to a new school, now named neo-Ricardian or Sraffian school. Major contributors to this school include <a href="/wiki/Luigi_Pasinetti" title="Luigi Pasinetti">Luigi Pasinetti</a> (1930–), <a href="/wiki/Pierangelo_Garegnani" title="Pierangelo Garegnani">Pierangelo Garegnani</a> (1930–2011), <a href="/wiki/Ian_Steedman" title="Ian Steedman">Ian Steedman</a> (1941–), <a href="/wiki/Geoffrey_Harcourt" title="Geoffrey Harcourt">Geoffrey Harcourt</a> (1931–2021), <a href="/wiki/Heinz_Kurz" class="mw-redirect" title="Heinz Kurz">Heinz Kurz</a> (1946–), <a href="/w/index.php?title=Neri_Salvadori&action=edit&redlink=1" class="new" title="Neri Salvadori (page does not exist)">Neri Salvadori</a> (1951–), <a href="/w/index.php?title=Pier_Paolo_Saviotti&action=edit&redlink=1" class="new" title="Pier Paolo Saviotti (page does not exist)">Pier Paolo Saviotti</a> (–) among others. See also <a href="/wiki/Neo-Ricardianism" title="Neo-Ricardianism">Neo-Ricardianism</a>. The Neo-Ricardian school is sometimes seen to be a component of <a href="/wiki/Post-Keynesian_economics" title="Post-Keynesian economics">Post-Keynesian economics</a>. </p> <div class="mw-heading mw-heading4"><h4 id="Neo-Ricardian_trade_theory">Neo-Ricardian trade theory</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=21" title="Edit section: Neo-Ricardian trade theory"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Inspired by <a href="/wiki/Piero_Sraffa" title="Piero Sraffa">Piero Sraffa</a>, a new strand of trade theory emerged and was named neo-Ricardian trade theory. The main contributors include <a href="/wiki/Ian_Steedman" title="Ian Steedman">Ian Steedman</a> and <a href="/w/index.php?title=Stanley_Metcalfe_(trade_theorist)&action=edit&redlink=1" class="new" title="Stanley Metcalfe (trade theorist) (page does not exist)">Stanley Metcalfe</a>. They have criticised neoclassical international trade theory, namely the <a href="/wiki/Heckscher%E2%80%93Ohlin_model" title="Heckscher–Ohlin model">Heckscher–Ohlin model</a> on the basis that the notion of capital as primary factor has no method of measuring it before the determination of profit rate (thus trapped in a logical vicious circle).<sup id="cite_ref-55" class="reference"><a href="#cite_note-55"><span class="cite-bracket">[</span>55<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-56" class="reference"><a href="#cite_note-56"><span class="cite-bracket">[</span>56<span class="cite-bracket">]</span></a></sup> This was a second round of the <a href="/wiki/Cambridge_capital_controversy" title="Cambridge capital controversy">Cambridge capital controversy</a>, this time in the field of international trade.<sup id="cite_ref-57" class="reference"><a href="#cite_note-57"><span class="cite-bracket">[</span>57<span class="cite-bracket">]</span></a></sup> Depoortère and Ravix judge that neo-Ricardian contribution failed without giving effective impact on neoclassical trade theory, because it could not offer "a genuine alternative approach from a classical point of view."<sup id="cite_ref-58" class="reference"><a href="#cite_note-58"><span class="cite-bracket">[</span>58<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading4"><h4 id="Evolutionary_growth_theory">Evolutionary growth theory</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=22" title="Edit section: Evolutionary growth theory"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Several distinctive groups have sprung out of the neo-Ricardian school. One is the evolutionary growth theory, developed notably by <a href="/wiki/Luigi_Pasinetti" title="Luigi Pasinetti">Luigi Pasinetti</a>, J.S. Metcalfe, Pier Paolo Saviotti, and Koen Frenken and others.<sup id="cite_ref-59" class="reference"><a href="#cite_note-59"><span class="cite-bracket">[</span>59<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-60" class="reference"><a href="#cite_note-60"><span class="cite-bracket">[</span>60<span class="cite-bracket">]</span></a></sup> </p><p>Pasinetti<sup id="cite_ref-61" class="reference"><a href="#cite_note-61"><span class="cite-bracket">[</span>61<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-62" class="reference"><a href="#cite_note-62"><span class="cite-bracket">[</span>62<span class="cite-bracket">]</span></a></sup> argued that the demand for any commodity came to stagnate and frequently decline, demand saturation occurs. Introduction of new commodities (goods and services) is necessary to avoid economic stagnation. </p> <div class="mw-heading mw-heading4"><h4 id="Contemporary_theories">Contemporary theories</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=23" title="Edit section: Contemporary theories"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/International_trade_theory#Ricardian_trade_theory_extensions" title="International trade theory">International trade theory § Ricardian trade theory extensions</a></div> <p>Ricardo's idea was even expanded to the case of continuum of goods by Dornbusch, Fischer, and Samuelson<sup id="cite_ref-63" class="reference"><a href="#cite_note-63"><span class="cite-bracket">[</span>63<span class="cite-bracket">]</span></a></sup> This formulation is employed for example by Matsuyama<sup id="cite_ref-64" class="reference"><a href="#cite_note-64"><span class="cite-bracket">[</span>64<span class="cite-bracket">]</span></a></sup> and others. </p><p>Ricardian trade theory ordinarily assumes that the <a href="/wiki/Wage_labour" title="Wage labour">labour</a> is the unique input. This is a deficiency as intermediate goods occupies now a great part of international trade. The situation changed after the appearance of <a href="https://ja.wikipedia.org/wiki/%E5%A1%A9%E6%B2%A2%E7%94%B1%E5%85%B8" class="extiw" title="ja:塩沢由典">Yoshinori Shiozawa</a>'s work of 2007.<sup id="cite_ref-65" class="reference"><a href="#cite_note-65"><span class="cite-bracket">[</span>65<span class="cite-bracket">]</span></a></sup> He has succeeded to incorporate traded input goods in his model.<sup id="cite_ref-66" class="reference"><a href="#cite_note-66"><span class="cite-bracket">[</span>66<span class="cite-bracket">]</span></a></sup> His theory became more useful by the discovery of new definition of regular international values (a couple of wage rates for countries and prices for products), because it is not defined as the normal vector at a facet of world production possibility set, which is the set where all countries enjoy full employment. The new definition is given in Shiozawa and Fujimoto (2018)<sup id="cite_ref-67" class="reference"><a href="#cite_note-67"><span class="cite-bracket">[</span>67<span class="cite-bracket">]</span></a></sup> and in Shiozawa (2020).<sup id="cite_ref-Shiozawa20_45-1" class="reference"><a href="#cite_note-Shiozawa20-45"><span class="cite-bracket">[</span>45<span class="cite-bracket">]</span></a></sup> Shiozawa's theory of international values is now the unique theory of international trade that can treat unemployment and input trade in a general form. </p><p>Yeats found that 30% of world trade in manufacturing is intermediate inputs.<sup id="cite_ref-68" class="reference"><a href="#cite_note-68"><span class="cite-bracket">[</span>68<span class="cite-bracket">]</span></a></sup> Bardhan and Jafee found that intermediate inputs occupy 37 to 38% in the imports to the US for the years from 1992 to 1997, whereas the percentage of intrafirm trade grew from 43% in 1992 to 52% in 1997.<sup id="cite_ref-69" class="reference"><a href="#cite_note-69"><span class="cite-bracket">[</span>69<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading4"><h4 id="Unequal_exchange">Unequal exchange</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=24" title="Edit section: Unequal exchange"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Chris Edward includes Emmanuel's <a href="/wiki/Unequal_exchange" title="Unequal exchange">unequal exchange</a> theory among variations of neo-Ricardian trade theory.<sup id="cite_ref-70" class="reference"><a href="#cite_note-70"><span class="cite-bracket">[</span>70<span class="cite-bracket">]</span></a></sup> <a href="/wiki/Arghiri_Emmanuel" title="Arghiri Emmanuel">Arghiri Emmanuel</a> argued that the <a href="/wiki/Third_World" title="Third World">Third World</a> is poor because of the international exploitation<sup class="noprint Inline-Template" style="margin-left:0.1em; white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Please_clarify" title="Wikipedia:Please clarify"><span title="The text near this tag may need clarification or removal of jargon. (January 2015)">clarification needed</span></a></i>]</sup> of labour.<sup id="cite_ref-71" class="reference"><a href="#cite_note-71"><span class="cite-bracket">[</span>71<span class="cite-bracket">]</span></a></sup><sup class="noprint Inline-Template" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Verifiability" title="Wikipedia:Verifiability"><span title="The material near this tag needs to be fact-checked with the cited source(s). (January 2015)">verification needed</span></a></i>]</sup> </p><p>The unequal exchange theory of trade has been influential to the (new) <a href="/wiki/Dependency_theory" title="Dependency theory">dependency theory</a>.<sup id="cite_ref-72" class="reference"><a href="#cite_note-72"><span class="cite-bracket">[</span>72<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Publications">Publications</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=25" title="Edit section: Publications"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Ricardo_-_Opere,_1852_-_5181784.tif" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d0/Ricardo_-_Opere%2C_1852_-_5181784.tif/lossy-page1-220px-Ricardo_-_Opere%2C_1852_-_5181784.tif.jpg" decoding="async" width="220" height="364" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d0/Ricardo_-_Opere%2C_1852_-_5181784.tif/lossy-page1-330px-Ricardo_-_Opere%2C_1852_-_5181784.tif.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d0/Ricardo_-_Opere%2C_1852_-_5181784.tif/lossy-page1-440px-Ricardo_-_Opere%2C_1852_-_5181784.tif.jpg 2x" data-file-width="1967" data-file-height="3253" /></a><figcaption><i>Works</i>, 1852</figcaption></figure> <p>Ricardo's publications included: </p> <ul><li><i><a rel="nofollow" class="external text" href="https://archive.org/details/highpriceofbulli10rica/page/n5/mode/2up">The High Price of Bullion, a Proof of the Depreciation of Bank Notes</a></i> (1810), which advocated the adoption of a metallic currency.</li> <li><i>Essay on the Influence of a Low Price of Corn on the Profits of Stock</i> (1815), which argued that repealing the <a href="/wiki/Corn_Laws" title="Corn Laws">Corn Laws</a> would distribute more wealth to the productive members of society.</li> <li><i><a href="/wiki/On_the_Principles_of_Political_Economy_and_Taxation" title="On the Principles of Political Economy and Taxation">On the Principles of Political Economy and Taxation</a></i> (1817), an analysis that concluded that <a href="/wiki/Land_(economics)" title="Land (economics)">land</a> rent grows as population increases. It also clearly laid out the theory of <a href="/wiki/Comparative_advantage" title="Comparative advantage">comparative advantage</a>, which argued that all nations could benefit from <a href="/wiki/Free_trade" title="Free trade">free trade</a>, even if a nation was less efficient at producing all kinds of goods than its trading partners.</li> <li><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite id="CITEREFRicardo1888" class="citation book cs1"><a href="/wiki/John_Ramsay_McCulloch" title="John Ramsay McCulloch">J. R. McCulloch</a>, ed. (1888). <a rel="nofollow" class="external text" href="https://archive.org/details/worksofdavidrica01rica/page/n5/mode/2up"><i>The Works of David Ricardo</i></a>. London: John Murray.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+Works+of+David+Ricardo&rft.place=London&rft.pub=John+Murray&rft.date=1888&rft.aulast=Ricardo&rft.aufirst=David&rft_id=https%3A%2F%2Farchive.org%2Fdetails%2Fworksofdavidrica01rica%2Fpage%2Fn5%2Fmode%2F2up&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></li></ul> <p>His works and writings were collected in <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFRicardo,_David1981" class="citation book cs1"><a href="/wiki/Piero_Sraffa" title="Piero Sraffa">Sraffa, Piero</a>; <a href="/wiki/Maurice_Dobb" title="Maurice Dobb">Dobb, Maurice Herbert</a>, eds. (1981) [1951]. <i>The Works and Correspondence of David Ricardo</i> (1st paperback ed.). Cambridge: Cambridge University Press. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0521285054" title="Special:BookSources/0521285054"><bdi>0521285054</bdi></a>. <a href="/wiki/OCLC_(identifier)" class="mw-redirect" title="OCLC (identifier)">OCLC</a> <a rel="nofollow" class="external text" href="https://search.worldcat.org/oclc/10251383">10251383</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+Works+and+Correspondence+of+David+Ricardo&rft.place=Cambridge&rft.edition=1st+paperback&rft.pub=Cambridge+University+Press&rft.date=1981&rft_id=info%3Aoclcnum%2F10251383&rft.isbn=0521285054&rft.au=Ricardo%2C+David&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span> (11 volumes) </p> <div style="clear:both;" class=""></div> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=26" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Critique_of_political_economy" title="Critique of political economy">Critique of political economy</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=27" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Citations">Citations</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=28" title="Edit section: Citations"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text">Miller, Roger LeRoy. <i>Economics Today</i>. Fifteenth Edition. Boston, MA: Pearson Education. p. 559</span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text">Sowell, Thomas (2006). <i>On classical economics</i>. New Haven, CT: <a href="/wiki/Yale_University_Press" title="Yale University Press">Yale University Press</a>.</span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.policonomics.com/david-ricardo/">"David Ricardo | Policonomics"</a>. 30 January 2012.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=David+Ricardo+%26%23124%3B+Policonomics&rft.date=2012-01-30&rft_id=http%3A%2F%2Fwww.policonomics.com%2Fdavid-ricardo%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text">David Ricardo, D. Weatherall, Springer Netherlands, 2012, p. 6</span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text">Anglo-Jewish Portraits- A Biographical Catalogue of Engraved Anglo-Jewish and Colonial Portraits from the Earliest Times to the Accession of Queen Victoria, Alfred Rubens, Jewish Museum, London, 1935, p. 69</span> </li> <li id="cite_note-Heertje-6"><span class="mw-cite-backlink">^ <a href="#cite_ref-Heertje_6-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Heertje_6-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHeertje2004" class="citation journal cs1">Heertje, Arnold (2004). "The Dutch and Portuguese-Jewish background of David Ricardo". <i>European Journal of the History of Economic Thought</i>. <b>11</b> (2): 281–294. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1080%2F0967256042000209288">10.1080/0967256042000209288</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:154424757">154424757</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=European+Journal+of+the+History+of+Economic+Thought&rft.atitle=The+Dutch+and+Portuguese-Jewish+background+of+David+Ricardo&rft.volume=11&rft.issue=2&rft.pages=281-294&rft.date=2004&rft_id=info%3Adoi%2F10.1080%2F0967256042000209288&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A154424757%23id-name%3DS2CID&rft.aulast=Heertje&rft.aufirst=Arnold&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-:1-7"><span class="mw-cite-backlink">^ <a href="#cite_ref-:1_7-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-:1_7-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFMatthewHarrison2004" class="citation encyclopaedia cs1">Matthew, H. C. G.; Harrison, B., eds. (2 September 2004). <span class="id-lock-subscription" title="Paid subscription required"><a rel="nofollow" class="external text" href="http://www.oxforddnb.com/view/article/23471">"The Oxford Dictionary of National Biography"</a></span>. <i><a href="/wiki/Dictionary_of_National_Biography#Oxford_Dictionary_of_National_Biography" title="Dictionary of National Biography">Oxford Dictionary of National Biography</a></i> (online ed.). Oxford University Press. pp. ref:odnb/23471. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1093%2Fref%3Aodnb%2F23471">10.1093/ref:odnb/23471</a><span class="reference-accessdate">. Retrieved <span class="nowrap">14 December</span> 2019</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=The+Oxford+Dictionary+of+National+Biography&rft.btitle=Oxford+Dictionary+of+National+Biography&rft.pages=ref%3Aodnb%2F23471&rft.edition=online&rft.pub=Oxford+University+Press&rft.date=2004-09-02&rft_id=info%3Adoi%2F10.1093%2Fref%3Aodnb%2F23471&rft_id=http%3A%2F%2Fwww.oxforddnb.com%2Fview%2Farticle%2F23471&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span> <span style="font-size:0.95em; font-size:95%; color: var( --color-subtle, #555 )">(Subscription or <a rel="nofollow" class="external text" href="https://www.oxforddnb.com/help/subscribe#public">UK public library membership</a> required.)</span></span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text">Francisco Solano Constancio, Paul Henri Alcide Fonteyraud. 1847. <i><a class="external text" href="https://fr.wikisource.org/wiki/%C5%92uvres_compl%C3%A8tes_de_David_Ricardo/Notice">Œuvres complètes de David Ricardo</a></i>, Guillaumin, (pp. v–xlviii): <i>A part sa conversion au Christianisme et son mariage avec une femme qu'il eut l'audace grande d'aimer malgré les ordres de son père</i></span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text">Ricardo, David. 1919. <i>Principles of Political Economy and Taxation</i>. G. Bell, p. lix: "by reason of a religious difference with his father, to adopt a position of independence at a time when he should have been undergoing that academic training"</span> </li> <li id="cite_note-sraffa-10"><span class="mw-cite-backlink">^ <a href="#cite_ref-sraffa_10-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-sraffa_10-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFSraffa,_PieroDavid_Ricardo1955" class="citation cs2">Sraffa, Piero; David Ricardo (1955), <i>The Works and Correspondence of David Ricardo: Volume 10, Biographical Miscellany</i>, Cambridge, UK: Cambridge University Press, p. 434, <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-521-06075-3" title="Special:BookSources/0-521-06075-3"><bdi>0-521-06075-3</bdi></a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+Works+and+Correspondence+of+David+Ricardo%3A+Volume+10%2C+Biographical+Miscellany&rft.place=Cambridge%2C+UK&rft.pages=434&rft.pub=Cambridge+University+Press&rft.date=1955&rft.isbn=0-521-06075-3&rft.au=Sraffa%2C+Piero&rft.au=David+Ricardo&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-11">^</a></b></span> <span class="reference-text">Wilfried Parys, <a rel="nofollow" class="external text" href="https://www.eshet-conference.net/lille/file/edl/?file=dVg5YURiRmc1TTZKOHhTamhZYmVwY0R4b3d1a0xuTkdTS0F5VlNoc2JaamRmTk5tL0hyT3h1bEJMeE5ha0g5WmNKbEhNRUV2UWhYbm9tL0ZEbVVPL09CZ2Y5eE1Ic092S3NFY01FSjVCc2ovSjNHOEQxL3pHeU9ONGZXME1VZ2p6U2ZXV0pyeEJOaWFXbzVTbjNIM3hoU1dzWG9GWitlUEh3UVNURXN4YTc3Y0tTdzVaaExVVTdRNU8vOXVRQkxqQW04Rk1pb3NDQXh3c1p0YzN4Wm91Zz09">"Samuelsonian legends about Ricardo’s finances lack historical evidence"</a></span> </li> <li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-12">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFGazette17326" class="citation magazine cs1"><a rel="nofollow" class="external text" href="https://www.thegazette.co.uk/London/issue/17326/page/188">"No. 17326"</a>. <i><a href="/wiki/The_London_Gazette" title="The London Gazette">The London Gazette</a></i>. 24 January 1818. p. 188.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+London+Gazette&rft.atitle=No.+17326&rft.pages=188&rft.date=1818-01-24&rft_id=https%3A%2F%2Fwww.thegazette.co.uk%2FLondon%2Fissue%2F17326%2Fpage%2F188&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-13"><span class="mw-cite-backlink"><b><a href="#cite_ref-13">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.britannica.com/biography/David-Ricardo">"David Ricardo | Biography, Theory, Comparative Advantage, & Works"</a>. <i>Encyclopædia Britannica</i><span class="reference-accessdate">. Retrieved <span class="nowrap">7 July</span> 2021</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Encyclop%C3%A6dia+Britannica&rft.atitle=David+Ricardo+%7C+Biography%2C+Theory%2C+Comparative+Advantage%2C+%26+Works&rft_id=https%3A%2F%2Fwww.britannica.com%2Fbiography%2FDavid-Ricardo&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-14">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFZweig2017" class="citation news cs1">Zweig, Jason (26 May 2017). <a rel="nofollow" class="external text" href="https://www.wsj.com/articles/BL-MBB-60411">"Economist David Ricardo"</a>. <i>The Wall Street Journal</i><span class="reference-accessdate">. Retrieved <span class="nowrap">16 April</span> 2021</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Wall+Street+Journal&rft.atitle=Economist+David+Ricardo&rft.date=2017-05-26&rft.aulast=Zweig&rft.aufirst=Jason&rft_id=https%3A%2F%2Fwww.wsj.com%2Farticles%2FBL-MBB-60411&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-15">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKing2013" class="citation book cs1">King, John (2013). <i>David Ricardo</i>. UK: Palgrave Macmillan. p. 88. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0-230-28996-3" title="Special:BookSources/978-0-230-28996-3"><bdi>978-0-230-28996-3</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=David+Ricardo&rft.place=UK&rft.pages=88&rft.pub=Palgrave+Macmillan&rft.date=2013&rft.isbn=978-0-230-28996-3&rft.aulast=King&rft.aufirst=John&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-16"><span class="mw-cite-backlink"><b><a href="#cite_ref-16">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFDavis2005" class="citation book cs1">Davis, Timothy (2005). <i>Ricardo's Macroeconomics</i>. 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History of Parliament Online<span class="reference-accessdate">. Retrieved <span class="nowrap">18 September</span> 2013</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Ricardo%2C+David+%281772%E2%80%931823%29%2C+of+Gatcombe+Park%2C+Minchinhampton%2C+Glos.+and+56+Upper+Brook+Street%2C+Grosvenor+Square%2C+Mdx.&rft.pub=History+of+Parliament+Online&rft_id=http%3A%2F%2Fwww.histparl.ac.uk%2Fvolume%2F1820-1832%2Fmember%2Fricardo-david-1772-1823&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-19"><span class="mw-cite-backlink"><b><a href="#cite_ref-19">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHayek1991" class="citation book cs1">Hayek, Friedrich (1991). 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Liberty Fund. pp. <a rel="nofollow" class="external text" href="https://archive.org/details/TheTrendOfEconomicThinking/page/n209">199</a>–200. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0865977426" title="Special:BookSources/978-0865977426"><bdi>978-0865977426</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=The+Restriction+Period%2C+1797%E2%80%931821%2C+and+the+Bullion+Debate&rft.btitle=The+Trend+of+Economic+Thinking&rft.pages=199-200&rft.pub=Liberty+Fund&rft.date=1991&rft.isbn=978-0865977426&rft.aulast=Hayek&rft.aufirst=Friedrich&rft_id=https%3A%2F%2Farchive.org%2Fdetails%2FTheTrendOfEconomicThinking&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-20"><span class="mw-cite-backlink"><b><a href="#cite_ref-20">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFSraffa1973" class="citation book cs1">Sraffa, Piero (1973). <a rel="nofollow" class="external text" href="https://oll-resources.s3.us-east-2.amazonaws.com/oll3/store/titles/204/0687-03_LF.pdf"><i>The Works and Correspondence of David Richardo</i></a> <span class="cs1-format">(PDF)</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+Works+and+Correspondence+of+David+Richardo&rft.date=1973&rft.aulast=Sraffa&rft.aufirst=Piero&rft_id=https%3A%2F%2Foll-resources.s3.us-east-2.amazonaws.com%2Foll3%2Fstore%2Ftitles%2F204%2F0687-03_LF.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-21"><span class="mw-cite-backlink"><b><a href="#cite_ref-21">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKing2013" class="citation book cs1">King, John (2013). <i>David Ricardo</i>. 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Oxford University Press. 15 March 2019. p. 59. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0-19-062619-8" title="Special:BookSources/978-0-19-062619-8"><bdi>978-0-19-062619-8</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+Oxford+Handbook+of+the+Economics+of+Central+Banking&rft.pages=59&rft.pub=Oxford+University+Press&rft.date=2019-03-15&rft.isbn=978-0-19-062619-8&rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3DjtmUDwAAQBAJ&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-binsdseil2019-23"><span class="mw-cite-backlink"><b><a href="#cite_ref-binsdseil2019_23-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBindseil2019" class="citation book cs1">Bindseil, Ulrich (2019). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=fNrBDwAAQBAJ"><i>Central Banking Before 1800: A Rehabilitation</i></a>. 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J.S. Metcalfe and P.P. Saviotti (eds.), 1991, <i>Evolutionary Theories of Economic and Technological Change</i>, Harwood, 275 pages. J.S. Metcalfe 1998, <i>Evolutionary Economics and Creative Destruction</i>, Routledge, London. Frenken, K., Van Oort, F.G., Verburg, T., Boschma, R.A. (2004). <i>Variety and Regional Economic Growth in the Netherlands – Final Report</i> (The Hague: Ministry of Economic Affairs), 58 p.</span> </li> <li id="cite_note-60"><span class="mw-cite-backlink"><b><a href="#cite_ref-60">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFSaviottiFrenken2008" class="citation cs2">Saviotti, Pier Paolo; Frenken, Koen (2008), "Export variety and the economic performance of countries", <i><a href="/wiki/Journal_of_Evolutionary_Economics" class="mw-redirect" title="Journal of Evolutionary Economics">Journal of Evolutionary Economics</a></i>, <b>18</b> (2): 201–218, <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1007%2Fs00191-007-0081-5">10.1007/s00191-007-0081-5</a>, <a href="/wiki/Hdl_(identifier)" class="mw-redirect" title="Hdl (identifier)">hdl</a>:<span class="id-lock-free" title="Freely accessible"><a rel="nofollow" class="external text" href="https://hdl.handle.net/1874%2F387420">1874/387420</a></span>, <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:154150526">154150526</a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+Evolutionary+Economics&rft.atitle=Export+variety+and+the+economic+performance+of+countries&rft.volume=18&rft.issue=2&rft.pages=201-218&rft.date=2008&rft_id=info%3Ahdl%2F1874%2F387420&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A154150526%23id-name%3DS2CID&rft_id=info%3Adoi%2F10.1007%2Fs00191-007-0081-5&rft.aulast=Saviotti&rft.aufirst=Pier+Paolo&rft.au=Frenken%2C+Koen&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-61"><span class="mw-cite-backlink"><b><a href="#cite_ref-61">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFPasinetti,_Luigi_L.1981" class="citation cs2">Pasinetti, Luigi L. (1981), <i>Structural change and economic growth: a theoretical essay on the dynamics of the wealth of nations</i>, Cambridge, UK: Cambridge University Press, <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-521-27410-9" title="Special:BookSources/0-521-27410-9"><bdi>0-521-27410-9</bdi></a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Structural+change+and+economic+growth%3A+a+theoretical+essay+on+the+dynamics+of+the+wealth+of+nations&rft.place=Cambridge%2C+UK&rft.pub=Cambridge+University+Press&rft.date=1981&rft.isbn=0-521-27410-9&rft.au=Pasinetti%2C+Luigi+L.&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span><sup class="noprint Inline-Template" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citing_sources" title="Wikipedia:Citing sources"><span title="This citation requires a reference to the specific page or range of pages in which the material appears. (March 2022)">page needed</span></a></i>]</sup></span> </li> <li id="cite_note-62"><span class="mw-cite-backlink"><b><a href="#cite_ref-62">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFPasinetti,_Luigi_L.1993" class="citation cs2">Pasinetti, Luigi L. (1993), <i>Structural economic dynamics: a theory of the economic consequences of human learning</i>, Cambridge: Cambridge University Press, <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-521-43282-0" title="Special:BookSources/0-521-43282-0"><bdi>0-521-43282-0</bdi></a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Structural+economic+dynamics%3A+a+theory+of+the+economic+consequences+of+human+learning&rft.place=Cambridge&rft.pub=Cambridge+University+Press&rft.date=1993&rft.isbn=0-521-43282-0&rft.au=Pasinetti%2C+Luigi+L.&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span><sup class="noprint Inline-Template" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citing_sources" title="Wikipedia:Citing sources"><span title="This citation requires a reference to the specific page or range of pages in which the material appears. (March 2022)">page needed</span></a></i>]</sup></span> </li> <li id="cite_note-63"><span class="mw-cite-backlink"><b><a href="#cite_ref-63">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFDornbuschFischerSamuelson1977" class="citation cs2">Dornbusch, R.; Fischer, S.; Samuelson, P. A. (1977), <a rel="nofollow" class="external text" href="https://web.archive.org/web/20110516042952/http://www.stanford.edu/~rstaiger/Comparativ-goods.pdf">"Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods"</a> <span class="cs1-format">(PDF)</span>, <i>The American Economic Review</i>, <b>67</b> (5): 823–839, <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/1828066">1828066</a>, archived from <a rel="nofollow" class="external text" href="http://www.stanford.edu/~rstaiger/Comparativ-goods.pdf">the original</a> <span class="cs1-format">(PDF)</span> on 16 May 2011</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+American+Economic+Review&rft.atitle=Comparative+Advantage%2C+Trade%2C+and+Payments+in+a+Ricardian+Model+with+a+Continuum+of+Goods&rft.volume=67&rft.issue=5&rft.pages=823-839&rft.date=1977&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F1828066%23id-name%3DJSTOR&rft.aulast=Dornbusch&rft.aufirst=R.&rft.au=Fischer%2C+S.&rft.au=Samuelson%2C+P.+A.&rft_id=http%3A%2F%2Fwww.stanford.edu%2F~rstaiger%2FComparativ-goods.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-64"><span class="mw-cite-backlink"><b><a href="#cite_ref-64">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFMatsuyama2000" class="citation cs2">Matsuyama, K. (2000), <a rel="nofollow" class="external text" href="http://darkwing.uoregon.edu/~bruceb/Peter%20W.pdf">"A Ricardian Model with a Continuum of Goods under Nonhomothetic Preferences: Demand Complementarities, Income Distribution, and North–South Trade"</a> <span class="cs1-format">(PDF)</span>, <i>Journal of Political Economy</i>, <b>108</b> (6): 1093–1120, <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1086%2F317684">10.1086/317684</a>, <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:154166748">154166748</a>, <a rel="nofollow" class="external text" href="https://web.archive.org/web/20120918000912/http://darkwing.uoregon.edu/~bruceb/Peter%20W.pdf">archived</a> <span class="cs1-format">(PDF)</span> from the original on 18 September 2012.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Journal+of+Political+Economy&rft.atitle=A+Ricardian+Model+with+a+Continuum+of+Goods+under+Nonhomothetic+Preferences%3A+Demand+Complementarities%2C+Income+Distribution%2C+and+North%E2%80%93South+Trade&rft.volume=108&rft.issue=6&rft.pages=1093-1120&rft.date=2000&rft_id=info%3Adoi%2F10.1086%2F317684&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A154166748%23id-name%3DS2CID&rft.aulast=Matsuyama&rft.aufirst=K.&rft_id=http%3A%2F%2Fdarkwing.uoregon.edu%2F~bruceb%2FPeter%2520W.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-65"><span class="mw-cite-backlink"><b><a href="#cite_ref-65">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFShiozawa2007" class="citation journal cs1">Shiozawa, Y. (2007). "A New Construction of Ricardian Trade Theory: A Multi-country, Multi-commodity Case with Intermediate Goods and Choice of Production Techniques". <i>Evolutionary and Institutional Economics Review</i>. <b>3</b> (2): 141–187. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.14441%2Feier.3.141">10.14441/eier.3.141</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a> <a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:154021080">154021080</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Evolutionary+and+Institutional+Economics+Review&rft.atitle=A+New+Construction+of+Ricardian+Trade+Theory%3A+A+Multi-country%2C+Multi-commodity+Case+with+Intermediate+Goods+and+Choice+of+Production+Techniques&rft.volume=3&rft.issue=2&rft.pages=141-187&rft.date=2007&rft_id=info%3Adoi%2F10.14441%2Feier.3.141&rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A154021080%23id-name%3DS2CID&rft.aulast=Shiozawa&rft.aufirst=Y.&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-66"><span class="mw-cite-backlink"><b><a href="#cite_ref-66">^</a></b></span> <span class="reference-text">Y. Shiozawa (2017) The new theory of international values: An overview. Shiozawa, Oka and Tabuchi (eds.) <i>A New Construction of Ricardian Theory of International Values</i>. Singapore: Springer. Chapter 1, pp. 3–73.</span> </li> <li id="cite_note-67"><span class="mw-cite-backlink"><b><a href="#cite_ref-67">^</a></b></span> <span class="reference-text">Shiozawa, Y., and Fujimoto, T. (2018) The nature of international competition among firms. Fujimoto and Ikuine (eds.) <i>Industrial Competitiveness and Design Evolution</i>, Springer Japan, Tokyo. Chapter 2, pp.43–96.</span> </li> <li id="cite_note-68"><span class="mw-cite-backlink"><b><a href="#cite_ref-68">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFYeats2001" class="citation book cs1">Yeats, A. (2001). "Just How Big is Global Production Sharing?". In Arndt, S.; Kierzkowski, H. (eds.). <i>Fragmentation: New Production Patterns in the World Economy</i>. Oxford: Oxford University Press. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-19-924331-X" title="Special:BookSources/0-19-924331-X"><bdi>0-19-924331-X</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=Just+How+Big+is+Global+Production+Sharing%3F&rft.btitle=Fragmentation%3A+New+Production+Patterns+in+the+World+Economy&rft.place=Oxford&rft.pub=Oxford+University+Press&rft.date=2001&rft.isbn=0-19-924331-X&rft.aulast=Yeats&rft.aufirst=A.&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> <li id="cite_note-69"><span class="mw-cite-backlink"><b><a href="#cite_ref-69">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBardhanJaffee2004" class="citation book cs1">Bardhan, Ashok Deo; Jaffee, Dwight (2004). "On Intra-Firm Trade and Multinationals: Foreign Outsourcing and Offshoring in Manufacturing". In Graham, Monty; Solow, Robert (eds.). <i>The Role of Foreign Direct Investment and Multinational Corporations in Economic Development</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=On+Intra-Firm+Trade+and+Multinationals%3A+Foreign+Outsourcing+and+Offshoring+in+Manufacturing&rft.btitle=The+Role+of+Foreign+Direct+Investment+and+Multinational+Corporations+in+Economic+Development&rft.date=2004&rft.aulast=Bardhan&rft.aufirst=Ashok+Deo&rft.au=Jaffee%2C+Dwight&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span><sup class="noprint Inline-Template" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Verifiability" title="Wikipedia:Verifiability"><span title="The material near this tag needs to be fact-checked with the cited source(s). (June 2019)">verification needed</span></a></i>]</sup></span> </li> <li id="cite_note-70"><span class="mw-cite-backlink"><b><a href="#cite_ref-70">^</a></b></span> <span class="reference-text">Chris Edwards 1985 <i>The Fragmented World: Competing Perspectives on Trade, Money and Crisis</i>, London and New York: Methuen. Chapter 4.</span> </li> <li id="cite_note-71"><span class="mw-cite-backlink"><b><a href="#cite_ref-71">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFEmmanuel1972" class="citation cs2">Emmanuel, Arghiri (1972), <a rel="nofollow" class="external text" href="https://archive.org/details/unequalexchanges0000emma/page/"><i>Unequal exchange; a study of the imperialism of trade</i></a>, New York: Monthly Review Press, <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-85345-188-5" title="Special:BookSources/0-85345-188-5"><bdi>0-85345-188-5</bdi></a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Unequal+exchange%3B+a+study+of+the+imperialism+of+trade&rft.place=New+York&rft.pub=Monthly+Review+Press&rft.date=1972&rft.isbn=0-85345-188-5&rft.aulast=Emmanuel&rft.aufirst=Arghiri&rft_id=https%3A%2F%2Farchive.org%2Fdetails%2Funequalexchanges0000emma%2Fpage%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span><sup class="noprint Inline-Template" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citing_sources" title="Wikipedia:Citing sources"><span title="This citation requires a reference to the specific page or range of pages in which the material appears. (March 2022)">page needed</span></a></i>]</sup></span> </li> <li id="cite_note-72"><span class="mw-cite-backlink"><b><a href="#cite_ref-72">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFPalma1978" class="citation cs2">Palma, G (1978), "Dependency: A formal theory of underdevelopment or a methodology for the analysis of concrete situations of underdevelopment?", <i>World Development</i>, <b>6</b> (7–8): 881–924, <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1016%2F0305-750X%2878%2990051-7">10.1016/0305-750X(78)90051-7</a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=World+Development&rft.atitle=Dependency%3A+A+formal+theory+of+underdevelopment+or+a+methodology+for+the+analysis+of+concrete+situations+of+underdevelopment%3F&rft.volume=6&rft.issue=7%E2%80%938&rft.pages=881-924&rft.date=1978&rft_id=info%3Adoi%2F10.1016%2F0305-750X%2878%2990051-7&rft.aulast=Palma&rft.aufirst=G&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading3"><h3 id="Sources">Sources</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=29" title="Edit section: Sources"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1235681985">.mw-parser-output .side-box{margin:4px 0;box-sizing:border-box;border:1px solid #aaa;font-size:88%;line-height:1.25em;background-color:var(--background-color-interactive-subtle,#f8f9fa);display:flow-root}.mw-parser-output .side-box-abovebelow,.mw-parser-output .side-box-text{padding:0.25em 0.9em}.mw-parser-output .side-box-image{padding:2px 0 2px 0.9em;text-align:center}.mw-parser-output .side-box-imageright{padding:2px 0.9em 2px 0;text-align:center}@media(min-width:500px){.mw-parser-output .side-box-flex{display:flex;align-items:center}.mw-parser-output .side-box-text{flex:1;min-width:0}}@media(min-width:720px){.mw-parser-output .side-box{width:238px}.mw-parser-output .side-box-right{clear:right;float:right;margin-left:1em}.mw-parser-output .side-box-left{margin-right:1em}}</style><div class="side-box metadata side-box-right"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"> <div class="side-box-abovebelow"> <a href="/wiki/Wikipedia:The_Wikipedia_Library" title="Wikipedia:The Wikipedia Library">Library resources</a> about <br /> <b>David Ricardo</b> <hr /></div> <div class="side-box-flex"> <div class="side-box-text plainlist"><ul><li><a class="external text" href="https://ftl.toolforge.org/cgi-bin/ftl?st=wp&su=David+Ricardo">Resources in your library</a></li> <li><a class="external text" href="https://ftl.toolforge.org/cgi-bin/ftl?st=wp&su=David+Ricardo&library=0CHOOSE0">Resources in other libraries</a></li> </ul></div></div> <div class="side-box-abovebelow"><b>By David Ricardo</b> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"><div class="plainlist"> <ul><li><a class="external text" href="https://ftl.toolforge.org/cgi-bin/ftl?at=wp&au=David+Ricardo">Resources in your library</a></li> <li><a class="external text" href="https://ftl.toolforge.org/cgi-bin/ftl?at=wp&au=David+Ricardo&library=0CHOOSE0">Resources in other libraries</a></li></ul> </div></div> </div> <style data-mw-deduplicate="TemplateStyles:r1239549316">.mw-parser-output .refbegin{margin-bottom:0.5em}.mw-parser-output .refbegin-hanging-indents>ul{margin-left:0}.mw-parser-output .refbegin-hanging-indents>ul>li{margin-left:0;padding-left:3.2em;text-indent:-3.2em}.mw-parser-output .refbegin-hanging-indents ul,.mw-parser-output .refbegin-hanging-indents ul li{list-style:none}@media(max-width:720px){.mw-parser-output .refbegin-hanging-indents>ul>li{padding-left:1.6em;text-indent:-1.6em}}.mw-parser-output .refbegin-columns{margin-top:0.3em}.mw-parser-output .refbegin-columns ul{margin-top:0}.mw-parser-output .refbegin-columns li{page-break-inside:avoid;break-inside:avoid-column}@media screen{.mw-parser-output .refbegin{font-size:90%}}</style><div class="refbegin" style=""> <ul><li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFCaseFair1999" class="citation cs2">Case, Karl E.; Fair, Ray C. (1999), <i>Principles of Economics</i> (5th ed.), Prentice-Hall, <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-13-961905-4" title="Special:BookSources/0-13-961905-4"><bdi>0-13-961905-4</bdi></a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=Principles+of+Economics&rft.edition=5th&rft.pub=Prentice-Hall&rft.date=1999&rft.isbn=0-13-961905-4&rft.aulast=Case&rft.aufirst=Karl+E.&rft.au=Fair%2C+Ray+C.&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></li> <li><a href="/wiki/Samuel_Hollander" title="Samuel Hollander">Samuel Hollander</a> (1979). <i>The Economics of David Ricardo</i>. <a href="/wiki/University_of_Toronto_Press" title="University of Toronto Press">University of Toronto Press</a>.</li> <li>G. de Vivo (1987). "Ricardo, David," <i><a href="/wiki/The_New_Palgrave:_A_Dictionary_of_Economics" class="mw-redirect" title="The New Palgrave: A Dictionary of Economics">The New Palgrave: A Dictionary of Economics</a></i>, v. 4, pp. 183–198.</li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFSamuelson2001" class="citation cs2"><a href="/wiki/Paul_Samuelson" title="Paul Samuelson">Samuelson, P. A.</a> (2001), "Ricardo, David (1772–1823)", <i>International Encyclopedia of the Social & Behavioral Sciences</i>, pp. 13330–13334, <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1016%2FB0-08-043076-7%2F00324-7">10.1016/B0-08-043076-7/00324-7</a>, <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/9780080430768" title="Special:BookSources/9780080430768"><bdi>9780080430768</bdi></a></cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=Ricardo%2C+David+%281772%E2%80%931823%29&rft.btitle=International+Encyclopedia+of+the+Social+%26+Behavioral+Sciences&rft.pages=13330-13334&rft.date=2001&rft_id=info%3Adoi%2F10.1016%2FB0-08-043076-7%2F00324-7&rft.isbn=9780080430768&rft.aulast=Samuelson&rft.aufirst=P.+A.&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></li> <li><span class="languageicon">(in French)</span> <a href="/wiki/%C3%89ric_Pichet" title="Éric Pichet">Éric Pichet</a>, <a rel="nofollow" class="external text" href="https://web.archive.org/web/20071012163459/http://www.lesiecle.fr/economiste_david_riccarddo.html"><i>David RICARDO, le premier théoricien de l'économie</i></a>, Les éditions du siècle, 2004.</li></ul> </div> <div class="mw-heading mw-heading2"><h2 id="Further_reading">Further reading</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=30" title="Edit section: Further reading"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFCaravale1985" class="citation book cs1">Caravale, Giovanni A., ed. (1985). <i>The Legacy of Ricardo</i>. Oxford: Basil Blackwell. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/0-631-13617-7" title="Special:BookSources/0-631-13617-7"><bdi>0-631-13617-7</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+Legacy+of+Ricardo&rft.place=Oxford&rft.pub=Basil+Blackwell&rft.date=1985&rft.isbn=0-631-13617-7&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFSkousen2008" class="citation book cs1"><a href="/wiki/Mark_Skousen" title="Mark Skousen">Skousen, Mark</a> (2008). <a rel="nofollow" class="external text" href="https://sk.sagepub.com/reference/libertarianism/n265.xml">"Ricardo, David (1772–1823)"</a>. In <a href="/wiki/Ronald_Hamowy" title="Ronald Hamowy">Hamowy, Ronald</a> (ed.). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=yxNgXs3TkJYC"><i>The Encyclopedia of Libertarianism</i></a>. Thousand Oaks, CA: <a href="/wiki/SAGE_Publishing" class="mw-redirect" title="SAGE Publishing">Sage</a>; <a href="/wiki/Cato_Institute" title="Cato Institute">Cato Institute</a>. pp. 433–434. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.4135%2F9781412965811.n222">10.4135/9781412965811.n222</a>. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1412965804" title="Special:BookSources/978-1412965804"><bdi>978-1412965804</bdi></a>. <a href="/wiki/LCCN_(identifier)" class="mw-redirect" title="LCCN (identifier)">LCCN</a> <a rel="nofollow" class="external text" href="https://lccn.loc.gov/2008009151">2008009151</a>. <a href="/wiki/OCLC_(identifier)" class="mw-redirect" title="OCLC (identifier)">OCLC</a> <a rel="nofollow" class="external text" href="https://search.worldcat.org/oclc/750831024">750831024</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=bookitem&rft.atitle=Ricardo%2C+David+%281772%E2%80%931823%29&rft.btitle=The+Encyclopedia+of+Libertarianism&rft.place=Thousand+Oaks%2C+CA&rft.pages=433-434&rft.pub=Sage%3B+Cato+Institute&rft.date=2008&rft_id=info%3Aoclcnum%2F750831024&rft_id=info%3Alccn%2F2008009151&rft_id=info%3Adoi%2F10.4135%2F9781412965811.n222&rft.isbn=978-1412965804&rft.aulast=Skousen&rft.aufirst=Mark&rft_id=https%3A%2F%2Fsk.sagepub.com%2Freference%2Flibertarianism%2Fn265.xml&rfr_id=info%3Asid%2Fen.wikipedia.org%3ADavid+Ricardo" class="Z3988"></span></li></ul> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=David_Ricardo&action=edit&section=31" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1235681985"><style data-mw-deduplicate="TemplateStyles:r1237033735">@media print{body.ns-0 .mw-parser-output .sistersitebox{display:none!important}}@media screen{html.skin-theme-clientpref-night .mw-parser-output .sistersitebox img[src*="Wiktionary-logo-en-v2.svg"]{background-color:white}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .sistersitebox img[src*="Wiktionary-logo-en-v2.svg"]{background-color:white}}</style><div class="side-box side-box-right plainlinks sistersitebox"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"> <div class="side-box-flex"> <div class="side-box-image"><span class="noviewer" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png" decoding="async" width="30" height="40" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/45px-Commons-logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/59px-Commons-logo.svg.png 2x" data-file-width="1024" data-file-height="1376" /></span></span></div> <div class="side-box-text plainlist">Wikimedia Commons has media related to <span style="font-weight: bold; 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A presentation tracing the changes in the <i>Principles'</i> (University of Southampton).</li></ul> <table class="wikitable succession-box noprint" style="margin:0.5em auto; font-size:small;clear:both;"> <tbody><tr> <th colspan="3" style="border-top: 5px solid #cccccc"><a href="/wiki/Parliament_of_the_United_Kingdom" title="Parliament of the United Kingdom">Parliament of the United Kingdom</a> </th></tr> <tr style="text-align:center;"> <td style="width:30%;" rowspan="1">Preceded by<div style="font-weight: bold"><a href="/wiki/Richard_Sharp_(politician)" title="Richard Sharp (politician)">Richard Sharp</a></div> </td> <td style="width: 40%; text-align: center;" rowspan="1"><b> Member of Parliament for <a href="/wiki/Portarlington_(UK_Parliament_constituency)" title="Portarlington (UK Parliament constituency)">Portarlington</a> </b><br />1819–1823 </td> <td style="width: 30%; text-align: center;" rowspan="1">Succeeded by<div style="font-weight: bold"><a href="/wiki/James_Farquhar_(MP)" title="James Farquhar (MP)">James Farquhar</a></div> </td></tr> </tbody></table> <style data-mw-deduplicate="TemplateStyles:r1130092004">.mw-parser-output .portal-bar{font-size:88%;font-weight:bold;display:flex;justify-content:center;align-items:baseline}.mw-parser-output .portal-bar-bordered{padding:0 2em;background-color:#fdfdfd;border:1px solid #a2a9b1;clear:both;margin:1em auto 0}.mw-parser-output .portal-bar-related{font-size:100%;justify-content:flex-start}.mw-parser-output .portal-bar-unbordered{padding:0 1.7em;margin-left:0}.mw-parser-output .portal-bar-header{margin:0 1em 0 0.5em;flex:0 0 auto;min-height:24px}.mw-parser-output .portal-bar-content{display:flex;flex-flow:row wrap;flex:0 1 auto;padding:0.15em 0;column-gap:1em;align-items:baseline;margin:0;list-style:none}.mw-parser-output .portal-bar-content-related{margin:0;list-style:none}.mw-parser-output .portal-bar-item{display:inline-block;margin:0.15em 0.2em;min-height:24px;line-height:24px}@media screen and 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class="portal-bar noprint metadata noviewer portal-bar-bordered" role="navigation" aria-label="Portals"><span class="portal-bar-header"><a href="/wiki/Wikipedia:Contents/Portals" title="Wikipedia:Contents/Portals">Portals</a>:</span><ul class="portal-bar-content"><li class="portal-bar-item"><span class="nowrap"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/6/69/P_vip.svg/19px-P_vip.svg.png" decoding="async" width="19" height="19" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/6/69/P_vip.svg/28px-P_vip.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/6/69/P_vip.svg/37px-P_vip.svg.png 2x" data-file-width="1911" data-file-height="1944" /></span></span> </span><a href="/wiki/Portal:Biography" title="Portal:Biography">Biography</a></li><li class="portal-bar-item"><span class="nowrap"><span typeof="mw:File"><a href="/wiki/File:Emblem-money.svg" class="mw-file-description"><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Emblem-money.svg/19px-Emblem-money.svg.png" decoding="async" width="19" height="19" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Emblem-money.svg/29px-Emblem-money.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Emblem-money.svg/38px-Emblem-money.svg.png 2x" data-file-width="48" data-file-height="48" /></a></span> </span><a href="/wiki/Portal:Economics" title="Portal:Economics">Economics</a></li><li class="portal-bar-item"><span class="nowrap"><span typeof="mw:File"><a href="/wiki/File:Yellow_flag_waving.svg" class="mw-file-description"><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Yellow_flag_waving.svg/18px-Yellow_flag_waving.svg.png" decoding="async" width="18" height="19" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Yellow_flag_waving.svg/27px-Yellow_flag_waving.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Yellow_flag_waving.svg/35px-Yellow_flag_waving.svg.png 2x" data-file-width="249" data-file-height="268" /></a></span> </span><a href="/wiki/Portal:Liberalism" title="Portal:Liberalism">Liberalism</a></li><li class="portal-bar-item"><span class="nowrap"><span typeof="mw:File"><span><img alt="diagram" src="//upload.wikimedia.org/wikipedia/commons/thumb/3/31/Libertarianism-groups-diagram.png/19px-Libertarianism-groups-diagram.png" decoding="async" width="19" height="19" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/3/31/Libertarianism-groups-diagram.png/29px-Libertarianism-groups-diagram.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/3/31/Libertarianism-groups-diagram.png/38px-Libertarianism-groups-diagram.png 2x" data-file-width="647" data-file-height="647" /></span></span> </span><a href="/wiki/Portal:Libertarianism" title="Portal:Libertarianism">Libertarianism</a></li><li class="portal-bar-item"><span class="nowrap"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/File:A_coloured_voting_box.svg" class="mw-file-description"><img alt="icon" src="//upload.wikimedia.org/wikipedia/en/thumb/0/01/A_coloured_voting_box.svg/19px-A_coloured_voting_box.svg.png" decoding="async" width="19" height="19" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/0/01/A_coloured_voting_box.svg/29px-A_coloured_voting_box.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/0/01/A_coloured_voting_box.svg/38px-A_coloured_voting_box.svg.png 2x" data-file-width="160" data-file-height="160" /></a></span> </span><a href="/wiki/Portal:Politics" title="Portal:Politics">Politics</a></li><li class="portal-bar-item"><span class="nowrap"><span typeof="mw:File"><a href="/wiki/File:Red_flag_II.svg" class="mw-file-description"><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/52/Red_flag_II.svg/21px-Red_flag_II.svg.png" decoding="async" width="21" height="19" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/52/Red_flag_II.svg/32px-Red_flag_II.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/52/Red_flag_II.svg/42px-Red_flag_II.svg.png 2x" data-file-width="466" data-file-height="411" /></a></span> </span><a href="/wiki/Portal:Socialism" title="Portal:Socialism">Socialism</a></li><li class="portal-bar-item"><span class="nowrap"><span class="mw-image-border" typeof="mw:File"><span><img alt="flag" src="//upload.wikimedia.org/wikipedia/en/thumb/a/ae/Flag_of_the_United_Kingdom.svg/21px-Flag_of_the_United_Kingdom.svg.png" decoding="async" width="21" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/a/ae/Flag_of_the_United_Kingdom.svg/32px-Flag_of_the_United_Kingdom.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/a/ae/Flag_of_the_United_Kingdom.svg/42px-Flag_of_the_United_Kingdom.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span> </span><a href="/wiki/Portal:United_Kingdom" title="Portal:United Kingdom">United Kingdom</a></li></ul></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output .navbox-subgroup{width:100%}.mw-parser-output .navbox-group,.mw-parser-output .navbox-title,.mw-parser-output .navbox-abovebelow{padding:0.25em 1em;line-height:1.5em;text-align:center}.mw-parser-output .navbox-group{white-space:nowrap;text-align:right}.mw-parser-output .navbox,.mw-parser-output .navbox-subgroup{background-color:#fdfdfd}.mw-parser-output .navbox-list{line-height:1.5em;border-color:#fdfdfd}.mw-parser-output .navbox-list-with-group{text-align:left;border-left-width:2px;border-left-style:solid}.mw-parser-output tr+tr>.navbox-abovebelow,.mw-parser-output tr+tr>.navbox-group,.mw-parser-output tr+tr>.navbox-image,.mw-parser-output tr+tr>.navbox-list{border-top:2px solid #fdfdfd}.mw-parser-output .navbox-title{background-color:#ccf}.mw-parser-output .navbox-abovebelow,.mw-parser-output .navbox-group,.mw-parser-output .navbox-subgroup .navbox-title{background-color:#ddf}.mw-parser-output .navbox-subgroup .navbox-group,.mw-parser-output .navbox-subgroup .navbox-abovebelow{background-color:#e6e6ff}.mw-parser-output .navbox-even{background-color:#f7f7f7}.mw-parser-output .navbox-odd{background-color:transparent}.mw-parser-output .navbox .hlist td dl,.mw-parser-output .navbox .hlist td ol,.mw-parser-output .navbox .hlist td ul,.mw-parser-output .navbox td.hlist dl,.mw-parser-output .navbox td.hlist ol,.mw-parser-output .navbox td.hlist ul{padding:0.125em 0}.mw-parser-output .navbox .navbar{display:block;font-size:100%}.mw-parser-output .navbox-title .navbar{float:left;text-align:left;margin-right:0.5em}body.skin--responsive .mw-parser-output .navbox-image img{max-width:none!important}@media print{body.ns-0 .mw-parser-output .navbox{display:none!important}}</style></div><div role="navigation" class="navbox" aria-labelledby="Classical_economists" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Classical_economists" title="Template:Classical economists"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Classical_economists" title="Template talk:Classical economists"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Classical_economists" title="Special:EditPage/Template:Classical economists"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Classical_economists" style="font-size:114%;margin:0 4em"><a href="/wiki/Classical_economics" title="Classical economics">Classical economists</a></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Francis_Hutcheson_(philosopher)" title="Francis Hutcheson (philosopher)">Francis Hutcheson</a></li> <li><a href="/wiki/Bernard_Mandeville" title="Bernard Mandeville">Bernard Mandeville</a></li> <li><a href="/wiki/David_Hume" title="David Hume">David Hume</a></li> <li><a href="/wiki/Adam_Smith" title="Adam Smith">Adam Smith</a></li> <li><a href="/wiki/Anders_Chydenius" title="Anders Chydenius">Anders Chydenius</a></li> <li><a href="/wiki/Jean-Baptiste_Say" title="Jean-Baptiste Say">Jean-Baptiste Say</a></li> <li><a href="/wiki/Thomas_Robert_Malthus" title="Thomas Robert Malthus">Thomas Malthus</a></li> <li><a href="/wiki/James_Mill" title="James Mill">James Mill</a></li> <li><a href="/wiki/Francis_Place" title="Francis Place">Francis Place</a></li> <li><a class="mw-selflink selflink">David Ricardo</a></li> <li><a href="/wiki/Henry_Thornton_(reformer)" title="Henry Thornton (reformer)">Henry Thornton</a></li> <li><a href="/wiki/John_Ramsay_McCulloch" title="John Ramsay McCulloch">John Ramsay McCulloch</a></li> <li><a href="/wiki/James_Maitland,_8th_Earl_of_Lauderdale" title="James Maitland, 8th Earl of Lauderdale">James Maitland, 8th Earl of Lauderdale</a></li> <li><a href="/wiki/Jeremy_Bentham" title="Jeremy Bentham">Jeremy Bentham</a></li> <li><a href="/wiki/Jean_Charles_L%C3%A9onard_de_Sismondi" title="Jean Charles Léonard de Sismondi">Jean Charles Léonard de Sismondi</a></li> <li><a href="/wiki/Johann_Heinrich_von_Th%C3%BCnen" title="Johann Heinrich von Thünen">Johann Heinrich von Thünen</a></li> <li><a href="/wiki/John_Stuart_Mill" title="John Stuart Mill">John Stuart Mill</a></li> <li><a href="/wiki/Nassau_William_Senior" title="Nassau William Senior">Nassau William Senior</a></li> <li><a href="/wiki/Edward_Gibbon_Wakefield" title="Edward Gibbon Wakefield">Edward Gibbon Wakefield</a></li> <li><a href="/wiki/Fr%C3%A9d%C3%A9ric_Bastiat" title="Frédéric Bastiat">Frédéric Bastiat</a></li> <li><a href="/wiki/Thomas_Tooke" title="Thomas Tooke">Thomas Tooke</a></li> <li><a href="/wiki/Robert_Torrens_(economist)" title="Robert Torrens (economist)">Robert Torrens</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"><style data-mw-deduplicate="TemplateStyles:r886047488">.mw-parser-output .nobold{font-weight:normal}</style></div><div role="navigation" class="navbox" aria-labelledby="Property" style="padding:3px"><table class="nowraplinks hlist mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Property_navbox" title="Template:Property navbox"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Property_navbox" title="Template talk:Property navbox"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Property_navbox" title="Special:EditPage/Template:Property navbox"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Property" style="font-size:114%;margin:0 4em"><a href="/wiki/Property" title="Property">Property</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">By owner</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Collective_ownership" title="Collective ownership">Collective</a></li> <li><a href="/wiki/Common_ownership" title="Common ownership">Common</a></li> <li><a href="/wiki/Communal_land" title="Communal land">Communal</a></li> <li><a href="/wiki/Community_property" title="Community property">Community</a></li> <li><a href="/wiki/Crown_land" title="Crown land">Crown</a></li> <li><a href="/wiki/Customary_land" title="Customary land">Customary</a></li> <li><a href="/wiki/Cooperative" title="Cooperative">Cooperative</a></li> <li><a href="/wiki/Private_property" title="Private property">Private</a></li> <li><a href="/wiki/Public_property" title="Public property">Public</a></li> <li><a href="/wiki/Self-ownership" title="Self-ownership">Self</a></li> <li><a href="/wiki/Social_ownership" title="Social ownership">Social</a></li> <li><a href="/wiki/State_ownership" title="State ownership">State</a></li> <li><a href="/wiki/Unowned_property" title="Unowned property">Unowned</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">By nature</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Croft_(land)" title="Croft (land)">Croft</a></li> <li><a href="/wiki/Estate_in_land" title="Estate in land">Estate (landed)</a></li> <li><a href="/wiki/Intangible_property" title="Intangible property">Intangible</a></li> <li><a href="/wiki/Intellectual_property" title="Intellectual property">Intellectual</a> <ul><li><a href="/wiki/Indigenous_intellectual_property" title="Indigenous intellectual property">indigenous</a></li></ul></li> <li><a href="/wiki/Personal_property" title="Personal property">Personal</a></li> <li><a href="/wiki/Tangible_property" title="Tangible property">Tangible</a> <ul><li><a href="/wiki/Real_property" title="Real property">real</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Commons" title="Commons">Commons</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Common_land" title="Common land">Common land</a></li> <li><a href="/wiki/Common-pool_resource" title="Common-pool resource">Common-pool resource</a></li> <li><a href="/wiki/Digital_commons_(economics)" title="Digital commons (economics)">Digital</a></li> <li><a href="/wiki/Global_commons" title="Global commons">Global</a></li> <li><a href="/wiki/Information_commons" title="Information commons">Information</a></li> <li><a href="/wiki/Knowledge_commons" title="Knowledge commons">Knowledge</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Theory</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bundle_of_rights" title="Bundle of rights">Bundle of rights</a></li> <li><a href="/wiki/Commodity" title="Commodity">Commodity</a> <ul><li><a href="/wiki/Fictitious_commodities" title="Fictitious commodities">fictitious commodities</a></li></ul></li> <li><a href="/wiki/Common_good_(economics)" title="Common good (economics)">Common good (economics)</a></li> <li><a href="/wiki/Excludability" title="Excludability">Excludability</a></li> <li><a href="/wiki/First_possession_theory_of_property" title="First possession theory of property">First possession</a> <ul><li><a href="/wiki/Original_appropriation" title="Original appropriation">appropriation</a></li> <li><a href="/wiki/Homestead_principle" title="Homestead principle">homestead principle</a></li></ul></li> <li><a href="/wiki/Free-rider_problem" title="Free-rider problem">Free-rider problem</a></li> <li><a href="/wiki/Game_theory" title="Game theory">Game theory</a></li> <li><a href="/wiki/Georgism" title="Georgism">Georgism</a></li> <li><a href="/wiki/Gift_economy" title="Gift economy">Gift economy</a></li> <li><a href="/wiki/Labor_theory_of_property" title="Labor theory of property">Labor theory of property</a></li> <li><a href="/wiki/Law_of_rent" title="Law of rent">Law of rent</a> <ul><li><a href="/wiki/Rent-seeking" title="Rent-seeking">rent-seeking</a></li></ul></li> <li><a href="/wiki/Legal_plunder" class="mw-redirect" title="Legal plunder">Legal plunder</a></li> <li><a href="/wiki/Natural_rights_and_legal_rights" title="Natural rights and legal rights">Natural rights</a></li> <li><a href="/wiki/Ownership" title="Ownership">Ownership</a></li> <li><a href="/wiki/Property_rights_(economics)" title="Property rights (economics)">Property rights</a> <ul><li><a href="/wiki/Primogeniture" title="Primogeniture">primogeniture</a></li> <li><a href="/wiki/Usufruct" title="Usufruct">usufruct</a></li> <li><a href="/wiki/Women%27s_property_rights" title="Women's property rights">women's</a></li></ul></li> <li><a href="/wiki/Right_to_property" title="Right to property">Right to property</a></li> <li><a href="/wiki/Rivalry_(economics)" title="Rivalry (economics)">Rivalry</a></li> <li><a href="/wiki/Tragedy_of_the_commons" title="Tragedy of the commons">Tragedy of the commons</a> <ul><li><a href="/wiki/Tragedy_of_the_anticommons" title="Tragedy of the anticommons">anticommons</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Applications</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Acequia" title="Acequia"><i>Acequia</i> (watercourse)</a></li> <li><a href="/wiki/Ejido" title="Ejido"><i>Ejido</i> (agrarian land)</a></li> <li><a href="/wiki/Estate_(law)" title="Estate (law)">Estate</a> <ul><li><a href="/wiki/Estate_(law)" title="Estate (law)">legal</a></li> <li><a href="/wiki/Literary_estate" title="Literary estate">literary</a></li> <li><a href="/wiki/Real_estate" title="Real estate">real</a></li></ul></li> <li><a href="/wiki/List_of_types_of_formally_designated_forests" title="List of types of formally designated forests">Forest types</a></li> <li><i><a href="/wiki/Huerta" title="Huerta">Huerta</a></i></li> <li><a href="/wiki/Inheritance" title="Inheritance">Inheritance</a> <ul><li><a href="/wiki/Executor" title="Executor">executor</a></li></ul></li> <li><a href="/wiki/Land_tenure" title="Land tenure">Land tenure</a></li> <li><a href="/wiki/Property_law" title="Property law">Property law</a> <ul><li><a href="/wiki/Alienation_(property_law)" title="Alienation (property law)">alienation</a></li> <li><a href="/wiki/Easement" title="Easement">easement</a></li> <li><a href="/wiki/Restraint_on_alienation" title="Restraint on alienation">restraint on alienation</a></li> <li><a href="/wiki/Real_estate" title="Real estate">real estate</a></li> <li><a href="/wiki/Title_(property)" title="Title (property)">title</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Rights</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Air_rights" title="Air rights">Air</a></li> <li><a href="/wiki/Exclusive_economic_zone" title="Exclusive economic zone">Fishing</a></li> <li><a href="/wiki/The_Scheduled_Tribes_and_Other_Traditional_Forest_Dwellers_(Recognition_of_Forest_Rights)_Act,_2006" title="The Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006">Forest-dwelling (India)</a></li> <li><a href="/wiki/Freedom_to_roam" title="Freedom to roam">Freedom to roam</a></li> <li><a href="/wiki/Grazing_rights" title="Grazing rights">Grazing</a> <ul><li><a href="/wiki/Pannage" title="Pannage">pannage</a></li></ul></li> <li><a href="/wiki/Hunting" title="Hunting">Hunting</a></li> <li><a href="/wiki/Land_law#Land_rights" title="Land law">Land</a> <ul><li><a href="/wiki/Aboriginal_title" title="Aboriginal title">aboriginal</a></li> <li><a href="/wiki/Indigenous_land_rights" title="Indigenous land rights">indigenous</a></li> <li><a href="/wiki/Squatting" title="Squatting">squatting</a></li></ul></li> <li><a href="/wiki/Littoral_rights" title="Littoral rights">Littoral</a></li> <li><a href="/wiki/Mineral_rights" title="Mineral rights">Mineral</a> <ul><li><i><a href="/wiki/Bergregal" title="Bergregal">Bergregal</a></i></li></ul></li> <li><a href="/wiki/Right_of_way_(transit)" class="mw-redirect" title="Right of way (transit)">Right of way (transit)</a></li> <li><a href="/wiki/Right_of_way_(property_access)" class="mw-redirect" title="Right of way (property access)">Right of way (property access)</a></li> <li><a href="/wiki/Water_right" title="Water right">Water</a> <ul><li><a href="/wiki/Prior-appropriation_water_rights" title="Prior-appropriation water rights">prior-appropriation</a></li> <li><a href="/wiki/Riparian_water_rights" title="Riparian water rights">riparian</a></li></ul></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Accumulation_by_dispossession" title="Accumulation by dispossession">Disposession</a>/<br /><a href="/wiki/Redistribution_of_income_and_wealth" title="Redistribution of income and wealth">redistribution</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bioprospecting" title="Bioprospecting">Bioprospecting</a> <ul><li><a href="/wiki/Biopiracy" title="Biopiracy">biopiracy</a></li></ul></li> <li><a href="/wiki/Collectivization_in_the_Soviet_Union" title="Collectivization in the Soviet Union">Collectivization</a></li> <li><a href="/wiki/Eminent_domain" title="Eminent domain">Eminent domain</a></li> <li><a href="/wiki/Enclosure" title="Enclosure">Enclosure</a></li> <li><a href="/wiki/Eviction" title="Eviction">Eviction</a></li> <li><a href="/wiki/Expropriation" class="mw-redirect" title="Expropriation">Expropriation</a></li> <li><i><a href="/wiki/Farhud" title="Farhud">Farhud</a></i></li> <li><a href="/wiki/Forced_displacement" title="Forced displacement">Forced migration</a> <ul><li><a href="/wiki/Population_transfer" title="Population transfer">population transfer</a></li> <li><a href="/wiki/Repatriation" title="Repatriation">repatriation</a></li></ul></li> <li><a href="/wiki/Illegal,_unreported_and_unregulated_fishing" title="Illegal, unreported and unregulated fishing">Illegal fishing</a></li> <li><a href="/wiki/Illegal_logging" title="Illegal logging">Illegal logging</a></li> <li><a href="/wiki/Land_Back" title="Land Back">Land Back</a></li> <li><a href="/wiki/Land_reform" title="Land reform">Land reform</a></li> <li><a href="/wiki/Legal_plunder" class="mw-redirect" title="Legal plunder">Legal plunder</a></li> <li><a href="/wiki/Piracy" title="Piracy">Piracy</a></li> <li><a href="/wiki/Poaching" title="Poaching">Poaching</a></li> <li><a href="/wiki/Primitive_accumulation_of_capital" title="Primitive accumulation of capital">Primitive accumulation</a></li> <li><a href="/wiki/Privatization" title="Privatization">Privatization</a></li> <li><a href="/wiki/Regulatory_taking" class="mw-redirect" title="Regulatory taking">Regulatory taking</a></li> <li><a href="/wiki/Slavery" title="Slavery">Slavery</a> <ul><li><a href="/wiki/Bride_buying" title="Bride buying">bride buying</a></li> <li><a href="/wiki/Human_trafficking" title="Human trafficking">human trafficking</a></li> <li>spousal <ul><li><a href="/wiki/Husband-selling" class="mw-redirect" title="Husband-selling">husband-selling</a></li> <li><a href="/wiki/Wife_selling" title="Wife selling">wife selling</a></li></ul></li> <li><a href="/wiki/Wage_slavery" title="Wage slavery">wage</a></li></ul></li> <li><a href="/wiki/Tax" title="Tax">Tax</a> <ul><li><a href="/wiki/Inheritance_tax" title="Inheritance tax">inheritance</a></li> <li><a href="/wiki/Poll_tax" title="Poll tax">poll</a></li> <li><a href="/wiki/Progressive_tax" title="Progressive tax">progressive</a></li> <li><a href="/wiki/Property_tax" title="Property tax">property</a></li></ul></li> <li><a href="/wiki/Theft" title="Theft">Theft</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Scholars<br /><span class="nobold">(<i>key work</i>)</span></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Fr%C3%A9d%C3%A9ric_Bastiat" title="Frédéric Bastiat">Frédéric Bastiat</a> <ul><li><i><a href="/wiki/The_Law_(Bastiat_book)" title="The Law (Bastiat book)">The Law</a></i></li></ul></li> <li><a href="/wiki/Ronald_Coase" title="Ronald Coase">Ronald Coase</a></li> <li><a href="/wiki/Friedrich_Engels" title="Friedrich Engels">Friedrich Engels</a> <ul><li><i><a href="/wiki/The_Origin_of_the_Family,_Private_Property_and_the_State" title="The Origin of the Family, Private Property and the State">The Origin of the Family, Private Property and the State</a></i></li></ul></li> <li><a href="/wiki/Henry_George" title="Henry George">Henry George</a> <ul><li><i><a href="/wiki/Progress_and_Poverty" title="Progress and Poverty">Progress and Poverty</a></i></li></ul></li> <li><a href="/wiki/Garrett_Hardin" title="Garrett Hardin">Garrett Hardin</a></li> <li><a href="/wiki/David_Harvey" title="David Harvey">David Harvey</a></li> <li><a href="/wiki/John_Locke" title="John Locke">John Locke</a> <ul><li><i><a href="/wiki/Two_Treatises_of_Government" title="Two Treatises of Government">Two Treatises of Government</a></i></li></ul></li> <li><a href="/wiki/Karl_Marx" title="Karl Marx">Karl Marx</a> <ul><li><i><a href="/wiki/Das_Kapital" title="Das Kapital">Das Kapital</a></i></li></ul></li> <li><a href="/wiki/Marcel_Mauss" title="Marcel Mauss">Marcel Mauss</a> <ul><li><i><a href="/wiki/The_Gift_(essay)" title="The Gift (essay)">The Gift</a></i></li></ul></li> <li><a href="/wiki/John_Stuart_Mill" title="John Stuart Mill">John Stuart Mill</a></li> <li><a href="/wiki/Elinor_Ostrom" title="Elinor Ostrom">Elinor Ostrom</a></li> <li><a href="/wiki/Karl_Polanyi" title="Karl Polanyi">Karl Polanyi</a> <ul><li><i><a href="/wiki/The_Great_Transformation_(book)" title="The Great Transformation (book)">The Great Transformation</a></i></li></ul></li> <li><a href="/wiki/Pierre-Joseph_Proudhon" title="Pierre-Joseph Proudhon">Pierre-Joseph Proudhon</a> <ul><li><i><a href="/wiki/Property_is_theft!" class="mw-redirect" title="Property is theft!">What Is Property?</a></i></li></ul></li> <li><a class="mw-selflink selflink">David Ricardo</a></li> <li><a href="/wiki/Murray_Rothbard" title="Murray Rothbard">Murray N. Rothbard</a> <ul><li><i><a href="/wiki/The_Ethics_of_Liberty" title="The Ethics of Liberty">The Ethics of Liberty</a></i></li></ul></li> <li><a href="/wiki/Jean-Jacques_Rousseau" title="Jean-Jacques Rousseau">Jean-Jacques Rousseau</a> <ul><li><i><a href="/wiki/The_Social_Contract" title="The Social Contract">The Social Contract</a></i></li></ul></li> <li><a href="/wiki/Adam_Smith" title="Adam Smith">Adam Smith</a> <ul><li><i><a href="/wiki/The_Wealth_of_Nations" title="The Wealth of Nations">The Wealth of Nations</a></i></li></ul></li></ul> </div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, 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aria-labelledby="Authority_control_databases_frameless&#124;text-top&#124;10px&#124;alt=Edit_this_at_Wikidata&#124;link=https&#58;//www.wikidata.org/wiki/Q160270#identifiers&#124;class=noprint&#124;Edit_this_at_Wikidata" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Authority_control_databases_frameless&#124;text-top&#124;10px&#124;alt=Edit_this_at_Wikidata&#124;link=https&#58;//www.wikidata.org/wiki/Q160270#identifiers&#124;class=noprint&#124;Edit_this_at_Wikidata" style="font-size:114%;margin:0 4em"><a href="/wiki/Help:Authority_control" title="Help:Authority control">Authority control databases</a> <span class="mw-valign-text-top noprint" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q160270#identifiers" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">International</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://isni.org/isni/0000000121272513">ISNI</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://viaf.org/viaf/34462180">VIAF</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="http://id.worldcat.org/fast/29045/">FAST</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://id.oclc.org/worldcat/entity/E39PBJm4VfdcKkQk6tyGQ7MMfq">WorldCat</a></span></li></ul></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">National</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://d-nb.info/gnd/118600214">Germany</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://id.loc.gov/authorities/n78095325">United States</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://catalogue.bnf.fr/ark:/12148/cb11921814d">France</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://data.bnf.fr/ark:/12148/cb11921814d">BnF data</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://id.ndl.go.jp/auth/ndlna/00454091">Japan</a></span></li><li><span class="uid"><span class="rt-commentedText tooltip tooltip-dotted" title="Ricardo, David <1772-1823>"><a rel="nofollow" class="external text" href="https://opac.sbn.it/nome/VEAV551075">Italy</a></span></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://nla.gov.au/anbd.aut-an35450308">Australia</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://aleph.nkp.cz/F/?func=find-c&local_base=aut&ccl_term=ica=skuk0004790&CON_LNG=ENG">Czech Republic</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="http://catalogo.bne.es/uhtbin/authoritybrowse.cgi?action=display&authority_id=XX965708">Spain</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="http://id.bnportugal.gov.pt/aut/catbnp/107500">Portugal</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="http://data.bibliotheken.nl/id/thes/p06836993X">Netherlands</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://authority.bibsys.no/authority/rest/authorities/html/90104423">Norway</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://kopkatalogs.lv/F?func=direct&local_base=lnc10&doc_number=000052891&P_CON_LNG=ENG">Latvia</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://catalogue.nlg.gr/cgi-bin/koha/opac-authoritiesdetail.pl?authid=83899">Greece</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://catalogo.bn.gov.ar/F/?func=direct&local_base=BNA10&doc_number=000026150">Argentina</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://lod.nl.go.kr/resource/KAC199622903">Korea</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://libris.kb.se/42gknhsn03mlsh0">Sweden</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://dbn.bn.org.pl/descriptor-details/9810533189005606">Poland</a></span></li><li><span class="uid"><a class="external text" href="https://wikidata-externalid-url.toolforge.org/?p=8034&url_prefix=https://opac.vatlib.it/auth/detail/&id=495/241384">Vatican</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="http://olduli.nli.org.il/F/?func=find-b&local_base=NLX10&find_code=UID&request=987007266906205171">Israel</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://cantic.bnc.cat/registre/981058514127906706">Catalonia</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://opac.kbr.be/LIBRARY/doc/AUTHORITY/14754940">Belgium</a></span></li></ul></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Academics</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://ci.nii.ac.jp/author/DA00547244?l=en">CiNii</a></span></li></ul></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">People</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="http://www.biografischportaal.nl/en/persoon/95953920">Netherlands</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://trove.nla.gov.au/people/957240">Trove</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://www.deutsche-biographie.de/pnd118600214.html?language=en">Deutsche Biographie</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://www.deutsche-digitale-bibliothek.de/person/gnd/118600214">DDB</a></span></li></ul></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://www.idref.fr/027098192">IdRef</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://snaccooperative.org/ark:/99166/w65t3tkb">SNAC</a></span></li></ul></div></td></tr></tbody></table></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1&useformat=desktop" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" 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