“Profits might also increase, because improvements might take place in agriculture, or in the implements of husbandry, which would augment the produce with the same cost of production.”
Quote by David Ricardo
Work
The Works of David Ricardo, Esq., M.P.: With a Notice of the Life and Writings of the Author
This book is a compilation of the economic treatises and essays written by David Ricardo, a prominent figure in the development of classical economics. It includes his seminal work on the theory of comparative advantage, which laid the foundation for modern international trade theory. The volume also features a biographical notice detailing Ricardo's life and contributions to economic thought. more
Author
David Ricardo
David Ricardo (April 18, 1772 - September 11, 1823) was a British economist and one of the key figures in the classical school of economics. He is known for his theory of comparative advantage, which has had a profound impact on the development of economics. more
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