72,133 research outputs found
Ricardo versus Thornton on the appropriate monetary response to supply shocks
Full text linkDavid Ricardo (1772-1823) recommended countering supply shocks with monetary contraction. Henry Thornton (1760-1815) advised a constant-money response. Their views hinged (1) on the neutrality or non-neutrality of money-stock changes on real output and employment and (2) on the costs of inflation. These same considerations influence Federal Reserve policy in response to oil shocks today.Economists ; Monetary theory
The Ricardo puzzle
Full text linkThis paper tackles the puzzle of Ricardo’s stubborn commitment to a labor theory of value that he himself saw as no more than an approximation to reality and which was heavily opposed by Malthus, his most respected contemporary. We show it is wrong to think that the theory had no analytical use. Quite to the contrary, it was the only defence Ricardo could find against Malthus’ destructive criticism, which introduced an unacceptable degree of indetermination in his theory of profits. By adopting the labor theory of value, Ricardo drastically simplified the method of proof of his main proposition, which otherwise seemed to present unsurmountable analytical difficulties. The irony is that the proposition was correct, quite independently of the labor theory of value, but Ricardo was just unable to prove it.
Sraffa’s Ricardo after Fifty Years - A Preliminary Estimate
Full text linkIt is the purpose of this paper to put Sraffa's Ricardo (Ricardo, 1951-73) in a historical perspective. After almost fifty years this appears to be timely on two grounds. First, as we shall have occasion to recall below, Sraffa had been singularly enshrined and made into a bloodless entity for a considerable time; only today it becomes possible to revive his image in flesh and blood and it seems proper to do so. Second the Sraffa archives at Trinity College have now been made accessible and it is expected that permission can be granted to make use of the extant documents for the purpose.
Atraso económico y cultura de élites. A propósito de la traducción castellana en 1848 de los Principios de economía política y tributación de David Ricardo
Full text linkEditada en la Universidad Carlos IIILos factores sociales y sobre todo los culturales nos permiten explicar las características
de la interpretación y traducción de los Principios de economía política y fiscal
de David Ricardo, publicados en Madrid durante los años 1848, 1849 y 1850. Estos factores
sociales y culturales son esencialmente el atraso económico, la formación económica
del traductor, el ambiente intelectual de Madrid y la preocupación por la inestabilidad
política y social. El resultado fue una interpretación del pensamiento de Ricardo
muy diferente del usual en Gran Bretaña, y donde el significado de la econonüa ricardiana
se pierde.Social, and more importandy, cultural conditions are the causal factors that allow
tis to analyse the interpretation and the traits of the translation of David Ricardo's
fnnciples of political economy and taxation, published in Madrid duríng the years
1848, 1849 and 1850. These social and cultural factors were economic backwardness,
the economics training of the translator, the intellectual environment of Madrid, and
tile concern about social and political unrest The result was an interpretation of Ricardo's thought quite different from that usual in Great Briuin, and where the meaning of
ricardian economics was lostPublicad
RICardo Workshop 2017 Report
No full textThe first RICardo workshop was organized in Paris on 12 May 2017 to celebrate the official launching of the RICardo website on the bicentenary of David Ricardo’s Principles of Political Economy and Taxation. It gathered the members of the newly created RICardo committee to discuss a number of methodological questions pertaining to historical trade statistics and their exploitation with digital technology. This meeting was an opportunity to exchange views on challenging questions that each tra..
The economics of David Ricardo
No full textTHE ECONOMICS OF DAVID RICARDO
The economics of David Ricardo (-
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The David W. Fentress Family Letters, 1856-1969
No full textTranscript of a letter by an unidentified author to David Fentress regarding sharing federal newspapers and the banning of federal newspapers in some areas. The author passes on the news of the war including the destruction of the Federal merchantmen by the Confederate fleet. He passes along world news: Russia preparing to go to War with Europe and how that could negatively affect the Confederacy. There is also speculation on the future of the war
The David W. Fentress Family Letters, 1856-1969
No full textTranscript of a letter by an unidentified author to David Fentress regarding sharing federal newspapers and the banning of federal newspapers in some areas. The author passes on the news of the war including the destruction of the Federal merchantmen by the Confederate fleet. He passes along world news: Russia preparing to go to War with Europe and how that could negatively affect the Confederacy. There is also speculation on the future of the war
David ricardo .
Full text linkDavid Ricardo dio un gran impulso e hizo las contribuciones más importantes a la Teoría clásica fundada por Adam Smith, la cual cimentó el enfoque ortodoxo de los problemas económicos y de la política económica hasta el último cuarto del siglo XIX. Analizó sistemáticamente la economía en términos de unos cuantos principios fundamentales y estudió las consecuencias de diversas medidas de política económica dentro del marco teórico por él establecido convirtiendo de esta manera, a la economía en la primera ciencia social. A continuación intentaremos la compleja tarea de dar una visión sucinta de la vasta y polifacética obra del gran autor ingles, puntualizando en la problemática económica que se acaba de mencionar y, además, deteniéndonos un poco en la vida del economista y en los acontecimientos teóricos que sucedieron a ella
The Life and Economics of David Ricardo
No full textJohn P. Henderson\u27s The Life and Economics of David Ricardo represents the first comprehensive personal and intellectual biography of the brilliant and influential British economist. Employing the talents of both a biographer and an economist, the author examines Ricardo\u27s early years, his Sephardic origins and his employment in the London financial markets, as well as his later work on money and banking, international trade, economic instability and the theory of rent and value. Henderson also provides a thorough investigation of Ricardo\u27s relationships with Thomas Robert Malthus and other classical economists.
The Life and Economics of David Ricardo will be of interest not only to historians of economic thought and students of economics, but also to any economist working in the Ricardian or Classical Political Economy tradition.https://epublications.marquette.edu/marq_fac-book/1191/thumbnail.jp
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