David Ricardo was a British political economist, one of the most influential of the classical economists along with Thomas Malthus, Adam Smith and James Mill.
|Born:||April 18, 1772, London, England|
|Died:||September 11, 1823, Gatcombe Park, Gloucestershire, England|
|Children:||6 children, including David the Younger|
|Preceded by:||Richard Sharp|
|Succeeded by:||James Farquhar|
About David Ricardo
An English political thinker and writer, he is credited with such economic theories as the law of diminishing returns, the labor theory of value, and Ricardian equivalence. His famous work, On the Principles of Political Economy and Taxation, was published in 1817.
He began his career as a stockbroker. He later served in the House of Commons.
He invented the economic theory of competitive advantage.
He grew up with sixteen siblings. He married Priscilla Anne Wilkinson, a Quaker, at age twenty-one, and soon thereafter converted to Unitarianism. As a result, his Jewish parents disowned him.
He is considered to be one of the founding philosophers of economics, along with Thomas Malthus.
Information related to David Ricardo
- Converts to Unitarianism
- British classical liberals
- Burials in Wiltshire
- English investors
- Trade economists
- Classical economists
- English financial businesspeople
- International economists
- 19th-century economists
- English stockbrokers
- English stock traders
- High Sheriffs of Gloucestershire
- English Unitarians
- English economists
- Sephardi Jews
- 19th-century English writers
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