Who was David Ricardo?

Описание: Discover the life and contributions of David Ricardo, a prominent English economist who shaped classical economics in the 19th century. Born in 1772, Ricardo's theories on diminishing returns, comparative advantage, the labor theory of value, Ricardian equivalence, and the theory of rent revolutionized economic thought. This video delves into how Ricardo’s reading of Adam Smith inspired his economic journey and his critical engagement in the Bullionist Controversy. Learn how his comparative advantage theory illustrated the benefits of specialization for economic growth, while his insights on rents and value laid the groundwork for future economists, including Karl Marx. Join us as we explore Ricardo's enduring impact on economic theory and policy.

#DavidRicardo #ClassicalEconomics #EconomicTheory #ComparativeAdvantage #DiminishingReturns #LaborTheoryOfValue #RicardianEquivalence #TheoryOfRent #EconomicsHistory #WealthOfNations #BullionistControversy #EconomicGrowth #MonetaryTheory #KeynesianEconomics #EconomicRent #LandEconomics #Finance #InfluentialEconomists #EducationalContent #FinanceEducation



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