Introduction to Ricardo
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YouTubeMarginal Revolution University
Introduction to Ricardo
David Ricardo is best known today for his pioneering articulation of the theory of comparative advantage -- the idea that trade is most mutually beneficial when parties specialize according to their relative opportunity costs and then trade. But comparative advantage is only one part of Ricardo's extensive analyses of the determinants of rents ...
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David Ricardo's "The Principles of Political Economy and Taxation" (Part 1/3)
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