David Ricardo: Contribution To The Development Of Economic Theory And Contemporary Thought

Abstract: 6 pages in length. David Ricardo, born in 1772 and third of seventeen children, espoused two economic theories that helped to form the fundamental basis of contemporary economic thought. Indeed, his Distribution Theory and International Trade Theory provided a substructure upon which future economists could base their subsequent theories, giving rise to the troubling potential of capitalism and class status. His close friend and fellow economist Thomas Malthus helped Ricardo to hone in on a particular sector of economic considerations that has held its value throughout the past three centuries. Bibliography lists 10 sources.

Filename: TLCricar.wps

Pages: 6

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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