David Ricardo, Contemporary Economist

Popescu, Dan
Published in Romanian Journal of Economic Forecasting,
volume 8 issue4, 2007.

Full text available online 16 February 2008

 Requires a PDF viewer such as Xpdf or Adobe Acrobat Reader


David Ricardo (1772-1823) was one of the most important economists of the world. He got fortune, he became banker and then he turned towards the study of Political Economy. What did this important economist bring new within the economic thinking, considered by the economic critics as a “liberalist pessimistic”, he who was among the first who introduced the biologic factor in the development equation? This is what the current study is outlining by pointing out to some updated coordinates and ranking him among the first well-known contemporary economists in the world.

Keywords: Ricardian theory, theory of value, theary of comparative costs
JEL Classification: B31, B11