
David Ricardo
David Ricardo was a British political economist and one of the most influential figures in classical economics, known for his contributions to the theory of comparative advantage and the labor theory of value. His work laid the foundation for modern economic theory, particularly in international trade, advocating that countries should specialize in the production of goods where they have a relative efficiency, thus benefiting all trading partners.
Born on Jun 18, 1817 (207 years old)
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Countries Mentioned
Country | Mentions | Sentiment | Dominance | + Persistence | x Population | = Reach | x GDP (millions) | = Power |
---|---|---|---|---|---|---|---|---|
New Zealand | 1 | 5.00 | 0.05% | +0% | 4,822,233 | 2,200 | $210,000 | 96$ |
Totals | 1 | 4,822,233 | 2,200 | $210,000 | 96$ |
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Each country's color is based on "Mentions" from the table above.
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New Zealand:
David Ricardo introduced the concept of 'comparative advantage' in 1817.
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