Ricardo essentially adhered to the logic of trade that Smith formulated in the Wealth of Nations. The contrary notion that they had opposing logics of trade is the result of an inaccurate interpretation of Ricardo’s numerical demonstration of the comparative-advantage proposition in chapter seven of the Principles. A deeper understanding of this numerical demonstration also leads to a partial refutation of the familiar contraposition between the comparative-advantage proposition and the absolute cost advantage theory of trade
This paper argues that Ricardo’s discovery of the law of comparative advantage probably occurred in ...
The so-called Ricardian model of contemporary economic textbooks differs significantly from the famo...
In international trade, countries should use their relative comparative advantages. They should spec...
Ricardo essentially adhered to the logic of trade that Smith formulated in the Wealth of Nations. Th...
There are three important claims in this paper: First, there is solid evidence for affirming that Ri...
With the famous numerical example of chapter 7 of the Principles David Ricardo intended to illustrat...
There are three main claims in this paper: First, there is sufficient evidence for affirming that Ri...
Due to a precise definition of comparative advantage and a deeper understanding of the logical inter...
Due to a precise definition of comparative advantage and a deeper understanding of the logical inter...
Due to a better understanding of the logical interrelationships between the comparative- advantage p...
Following Smith’s advocacy of free trade and competition, David Ricardo attempts to strengthen his t...
David Ricardo’s theory of comparative advantage is now two centuries old, but it remains at the hear...
When David Ricardo set the theory for comparative advantages, he imagined that one day the world wil...
The so-called Ricardian model of contemporary economic textbooks differs significantly from the famo...
Schumpeter’s remarks on Ricardo’s criticisms of Smith’s system of thought (1954, p.472) can be furth...
This paper argues that Ricardo’s discovery of the law of comparative advantage probably occurred in ...
The so-called Ricardian model of contemporary economic textbooks differs significantly from the famo...
In international trade, countries should use their relative comparative advantages. They should spec...
Ricardo essentially adhered to the logic of trade that Smith formulated in the Wealth of Nations. Th...
There are three important claims in this paper: First, there is solid evidence for affirming that Ri...
With the famous numerical example of chapter 7 of the Principles David Ricardo intended to illustrat...
There are three main claims in this paper: First, there is sufficient evidence for affirming that Ri...
Due to a precise definition of comparative advantage and a deeper understanding of the logical inter...
Due to a precise definition of comparative advantage and a deeper understanding of the logical inter...
Due to a better understanding of the logical interrelationships between the comparative- advantage p...
Following Smith’s advocacy of free trade and competition, David Ricardo attempts to strengthen his t...
David Ricardo’s theory of comparative advantage is now two centuries old, but it remains at the hear...
When David Ricardo set the theory for comparative advantages, he imagined that one day the world wil...
The so-called Ricardian model of contemporary economic textbooks differs significantly from the famo...
Schumpeter’s remarks on Ricardo’s criticisms of Smith’s system of thought (1954, p.472) can be furth...
This paper argues that Ricardo’s discovery of the law of comparative advantage probably occurred in ...
The so-called Ricardian model of contemporary economic textbooks differs significantly from the famo...
In international trade, countries should use their relative comparative advantages. They should spec...