david ricardo (Meaning)
david ricardo (n)
English economist who argued that the laws of supply and demand should operate in a free market (1772-1823)
Synonyms & Antonyms of david ricardo
No Synonyms and anytonyms found
david ricardo Sentence Examples
- David Ricardo, the British political economist, is widely regarded as one of the most influential figures in the history of economics.
- David Ricardo's theories, particularly his concept of comparative advantage, revolutionized the understanding of international trade.
- The principles outlined by David Ricardo in his seminal work "Principles of Political Economy and Taxation" remain fundamental to economic thought.
- Many economists credit David Ricardo for his insights into the determinants of rent, wages, and profits in a market economy.
- David Ricardo's analysis of the labor theory of value contributed significantly to the development of classical economics.
- The Ricardian model, developed by David Ricardo, continues to serve as a cornerstone of economic analysis in various fields.
- Students of economics often study David Ricardo's writings to grasp the complexities of economic theory and policy.
- David Ricardo's advocacy for free trade and his critique of protectionist policies have had a lasting impact on economic policy debates.
- The ideas of David Ricardo have influenced not only economics but also fields such as political science and sociology.
- David Ricardo's intellectual legacy extends beyond his lifetime, shaping the discourse on economic principles and public policy to this day.
FAQs About the word david ricardo
English economist who argued that the laws of supply and demand should operate in a free market (1772-1823)
No synonyms found.
No antonyms found.
David Ricardo, the British political economist, is widely regarded as one of the most influential figures in the history of economics.
David Ricardo's theories, particularly his concept of comparative advantage, revolutionized the understanding of international trade.
The principles outlined by David Ricardo in his seminal work "Principles of Political Economy and Taxation" remain fundamental to economic thought.
Many economists credit David Ricardo for his insights into the determinants of rent, wages, and profits in a market economy.
