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The Discovery of Comparative Advantage

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  • Aldrich, John

Abstract

Torrens [in 1815] clearly preceded Ricardo [in 1817] in publishing a fairly satisfactory formulation of the doctrine [of comparative costs]. It is unquestionable, however that Ricardo is entitled to the credit for first giving due emphasis to the doctrine, for first placing it an appropriate setting, and for obtaining general acceptance for it by economists.

Suggested Citation

  • Aldrich, John, 2004. "The Discovery of Comparative Advantage," Journal of the History of Economic Thought, Cambridge University Press, vol. 26(3), pages 379-399, September.
    • Handle: RePEc:cup:jhisec:v:26:y:2004:i:03:p:379-399_00
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    Citations

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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. 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.
    4. Taro Hisamatsu, 2016. "Constructing a Myth that Ricardo Was the Father of the Ricardian Model of International Trade: A Reconsideration of Torrens f Principles of Comparative Advantage and Gain-from-trade," Discussion Papers 1630, Graduate School of Economics, Kobe University.
    5. Jorge Morales Meoqui, 2014. "Reconciling Ricardo's Comparative Advantage with Smith's Productivity Theory," Economic Thought, World Economics Association, vol. 3(2), pages 1-21, September.
    6. Roger Middleton, 2017. "The Economy of the Word: Language, History and Economics, by Keith Tribe," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 24(2), pages 395-399, March.
    7. Jorge Morales Meoqui, 2011. "Comparative Advantage and the Labor Theory of Value," History of Political Economy, Duke University Press, vol. 43(4), pages 743-763, Winter.
    8. Xavier Méra, 2013. "Comparative Advantage and Uncertainty Bearing," Post-Print hal-00840231, HAL.
    9. Madarász, Aladár, 2024. "Posztót borért. Töredékek egy "nem triviális, de igaz" közgazdasági doktrína történetéből [Cloth for wine. Fragments from the history of a non-trivial but true" economic doctrine]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 379-407.
    10. repec:kob:wpaper:1630 is not listed on IDEAS
    11. Maurício C. Coutinho & Carlos Eduardo Suprinyak, 2018. "Steuart, Smith, and the ‘system of commerce’: international trade and monetary theory in late-18th century british political economy," Textos para Discussão Cedeplar-UFMG 575, Cedeplar, Universidade Federal de Minas Gerais.
    12. Reinhard Schumacher, 2013. "Deconstructing the Theory of Comparative Advantage," World Economic Review, World Economics Association, vol. 2013(2), pages 1-83, February.
    13. Martin Grančay & Nóra Szikorová, 2012. "David Ricardo, Robert Torrens a autorstvo princípu komparatívnych výhod [David Ricardo, Robert Torrens and the Origins of the Principle of Comparative Advantage]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(3), pages 380-394.
    14. Christian Gehrke, 2014. "Ricardo’s Discovery of Comparative Advantage Revisited," Graz Economics Papers 2014-02, University of Graz, Department of Economics.

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