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Ricardo's discovery of comparative advantage revisited: a critique of Ruffin's account

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  • Christian Gehrke

Abstract

In an influential paper, Ruffin has attempted to reconstruct the circumstances of Ricardo's discovery of the law of comparative advantage. Ruffin's paper has inspired a number of further contributions on the precise nature, logical structure, and analytical significance of Ricardo's formulation of the law of comparative advantage. This paper re-examines Ruffin's reconstruction, and in particular his interpretation of Ricardo's three letters of October 1816 and suggests that it lacks textual and contextual support.

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  • Christian Gehrke, 2015. "Ricardo's discovery of comparative advantage revisited: a critique of Ruffin's account," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 22(5), pages 791-817, October.
    • Handle: RePEc:taf:eujhet:v:22:y:2015:i:5:p:791-817
    DOI: 10.1080/09672567.2015.1074714
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    Cited by:

    1. Jorge Morales Meoqui, 2017. "Ricardo's Numerical Example Versus Ricardian Trade Model: a Comparison of Two Distinct Notions of Comparative Advantage," Economic Thought, World Economics Association, vol. 6(1), pages 35-55, March.
    2. Morales Meoqui, Jorge, 2012. "On the distribution of authorship-merits for the comparative-advantage proposition," MPRA Paper 35905, University Library of Munich, Germany.
    3. Machado, Pedro S. & Trigg, Andrew B., 2021. "On absolute and comparative advantage in international trade: A Pasinetti pure labour approach," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 375-383.
    4. Parrinello, Sergio, 2022. "On Some “New” Interpretations of Ricardo’s Principle of Comparative Advantages," Centro Sraffa Working Papers CSWP60, Centro di Ricerche e Documentazione "Piero Sraffa".
    5. Morales Meoqui, Jorge, 2023. "The Demystification Of David Ricardo’S Famous Four Numbers," Journal of the History of Economic Thought, Cambridge University Press, vol. 45(3), pages 447-466, September.
    6. Gabriel Felbermayr & Benjamin Jung & Wilhelm Kohler & Philipp Harms & Jakob Schwab, 2017. "Ricardo – Yesterday and Today," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 70(09), pages 03-18, May.

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