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Ricardo, David

  1. A British economist of the late eighteenth and early nineteenth centuries. Ricardo was essentially a classical economist in the tradition of Adam Smith , but he expanded Smith's vision to forecast an eventual end to economic growth owing to the difficulty of increasing food production to keep up with population growth.


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Notes

With Thomas Malthus , he is credited with propounding the pessimistic views that earned economics the label of the “dismal science.”

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Example Sentences

In 1810 David Ricardo began his letters on the depreciation of the currency in the Chronicle.

David Ricardo, a celebrated English writer on finance and statistics, died.

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