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David Ricardo

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
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Noun1.David Ricardo - English economist who argued that the laws of supply and demand should operate in a free market (1772-1823)


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The author discusses the theories of Plato and Aristotle, the works of John Locke, Adam Smith, and David Ricardo, and on to Karl Marx and Vladimir Lenin, and John Maynard Keynes.
From the writings of the earliest modern commentators on the drivers of socio-economic growth and decline -- Adam Smith, Edward Gibbon, Thomas Malthus, David Ricardo, and Karl Marx -- we see that concern about exhausting resources is not new.
Few of today's new "Marxists" want to spell out the attractions of a man who wanted to unite German philosophy - building on Hegel - with British political economy - carrying on from David Ricardo - and thereby turn two rather conservative traditions into a theory of radical revolution.
 
 
 
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