David Ricardo

David Ricardo (18 April 1772 – 11 September 1823) was a British political economist, one of the most influential of the classical economists along with Robert Malthus, Adam Smith and James Mill.[2][3] He was also a politician, and a member of the Parliament of Great Britain and Ireland.

David Ricardo
Portrait by Thomas Phillips, c. 1821
Member of Parliament
for Portarlington
In office
20 February 1819  11 September 1823
Preceded byRichard Sharp
Succeeded byJames Farquhar
Personal details
Born(1772-04-18)18 April 1772
London, England
Died11 September 1823(1823-09-11) (aged 51)
Gatcombe Park, Gloucestershire, England
Political partyWhig
ChildrenIncluding David the Younger
Profession
  • Businessman
  • economist
Academic career
School or
tradition
Classical economics
InfluencesIbn Khaldun · Smith · Bentham
ContributionsRicardian equivalence, labour theory of value, comparative advantage, law of diminishing returns, Ricardian socialism, Economic rent[1]

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