Arguably one of the most important economists who has lived, Ricardo's impact on the economics profession is immense. This unique and comprehensive Companion elucidates his significance and continuing legacy. Ricardo made major contributions to all fields of the subject, from monetary issues to value and income distribution, from capital accumulation, technical progress and economic growth to foreign trade and international specialisation, and from taxes to public debt. What he called the main problem of political economy, the distribution of income and wealth, is again back on the political and economic agenda with a vengeance. Leading experts in the field explore his influence and offer novel interpretations of received doctrines.Since LYP alt; LXP and LXE alt; LYE, each country uses less labour to produce its exports than it would have needed to ... LYP alt; LXP and LXE alt; LYE, can be rewritten as LYP/LXP alt; 1 and 1 alt; LYE/LXE respectively, and combined to yield theanbsp;...
|Title||:||The Elgar Companion to David Ricardo|
|Author||:||Heinz D. Kurz, Neri Salvadori|
|Publisher||:||Edward Elgar Publishing - 2015-05-29|