Interpretations of David Ricardo's (and Adam Smith's) tax theory are presently dominated by an Anglo-Saxon perspective, though French physiocrats also played a role in its formation. Recent studies on economic thought often include a look at the historical precedents of a theory. This has given...

Blending past and present, this brief history of economics is the perfect book for introducing students to the field. A Brief History of Economics illustrates how the ideas of the great economists not only influenced societies but were themselves shaped by their cultural milieu. Understanding...

David Ricardo’s criticisms of Adam Smith on value and wealth have been rather ignored in the recent revival of Ricardian economics. This essay intends to fill the gap by revisiting Smith’s link between value and wealth in the light of Ricardo’s criticisms. This is done in two steps. The...

The paper discusses the analyses of technical progress, capital accumulation and income distribution elaborated by three major classical economists: Adam Smith, David Ricardo and Karl Marx. The interpretation given is partly inspired by Piero Sraffa's studies in his hitherto unpublished papers....

La historia del crecimiento económico se remonta a los primeros clásicos como Adan Smith, David Ricardo y Thomas Malthus, estos economistas desarrollaron el tema del crecimiento he introdujeron conceptos como; rendimientos decrecientes y su relación con la acumulación de capital físico o...

The well-known enduring controversy on the interpretation of Ricardo's wage theory, and by implication on classical wage theory, has undoubtedly been fuelled by the existence of some inconsistencies in Ricardo's writings. However, as far as the factors affecting normal wages are concerned, these...