Search results for "David Ricardo"

showing 6 items of 6 documents

Recensione di Susumu Takenaga (ed) (2016). Ricardo and the Japanese Economic Thought. Selection of Ricardo studies in Japan during the interwar perio…

2017

David Ricardo Japanese economic thought Marx MarshallSettore SECS-P/04 - Storia Del Pensiero Economico
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Colonies

2015

The entry discusses David Ricardo's three main analytical arguments related to the colonial issue: i) colonies as a source of new fertile land and therefore as a viable solution to the problem of decreasing returns on domestic land; ii) colonies as possible outlet markets able to absorb domestic excess supply; and, finally, iii) the effects of trade restrictions between a colony and its mother country.

David Ricardo colonies decreasing returns growth colonial tradeSettore SECS-P/04 - Storia Del Pensiero Economico
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Defense versus Opulence? An Appraisal of the Malthus-Ricardo 1815 Controversy on the Corn Laws

2015

This article proposes a rational reconstruction of the arguments of Malthus and Ricardo in their 1815 essays, Grounds of an Opinion and An Essay on Profits, whereby a policy of free corn trade was repudiated and endorsed, respectively. Malthus envisaged defense and (trade-induced) opulence as two mutually alternative options and, if required to make a choice, he had no hesitation in choosing the former. By contrast, Ricardo excluded any such trade-off, arguing that even in the case of war or poor domestic harvest, foreign agricultural countries would be seriously damaged if they opted for restrictions on their corn exports to Great Britain.

David RicardoCorn LawsEconomics and EconometricsHistoryRational reconstructioninternational tradeEconomicsCorn LawsThomas Robert Malthus David Ricardo Corn Laws international trade coordination gamesThomas Robert MalthusNeoclassical economicsSettore SECS-P/01 - Economia Politicacoordination gamesHistory of Political Economy
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How to pay for the war in times of imperfect commitment. Adam Smith and David Ricardo on the Sinking Fund

2014

AbstractThe paper proposes a comparative analysis of Smith's and Ricardo's views on the sinking fund. It shows that Smith and Ricardo agreed in stressing the ineffectiveness of the sinking fund as a policy instrument targeted at public debt repayment and tax-burden relief, pointing out that its actual workings had paradoxically helped to increase rather than reduce British total debt-load. Moreover, their explanation of the sinking fund paradox integrates a defective fiscal commitment technology with powerful politicians’ incentives to siphon off the money stored in the sinking fund to meet sudden increases of public expenditure whenever the occasion arose.

Macroeconomics060106 history of social sciencesGeneral Arts and HumanitiesKeynesian economics05 social sciencesEconomics Econometrics and Finance (miscellaneous)Public expenditure06 humanities and the artsDebt repaymentAdam smithAdam Smith David Ricardo Ricardian equivalence sinking fund imperfect commitmentSpanish Civil WarIncentiveHistory and Philosophy of ScienceSettore SECS-P/04 - Storia Del Pensiero Economico0502 economics and businessEconomics0601 history and archaeologySinking fundImperfect050207 economicsSettore SECS-P/01 - Economia Politica
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Natural and market prices

2015

The entry investigates the distinction between natural and market prices within Ricardo's economics. It also discusses the analytical similarities and differences between Smith and Ricardo on this issue.

Settore SECS-P/04 - Storia Del Pensiero EconomicoDavid Ricardo Adam Smith natural price market price
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Funding System

2015

The entry discusses the 1820 article, Funding System, David Ricardo wrote for the Supplement to the sixth edition of the Encyclopedia Britannica. It also investigates Ricardo's views on public debt and capital levy

Settore SECS-P/04 - Storia Del Pensiero EconomicoDavid Ricardo sinking fund public debt capital levy
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