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Ricardo’s Macroeconomics

In: David Ricardo

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  • John E. King

Abstract

In this chapter we shall need to deal with two of the ‘new views’ of Ricardo. The first is one that was touched on in chapter 3. It concerns his thinking on the long-run prospects for real wages, and hence for the living standards of the great majority of the population. This question is considered in the first section of the chapter, since it has a very direct bearing on Ricardo’s attitude towards economic growth and the possibility that it would eventually peter out.

Suggested Citation

  • John E. King, 2013. "Ricardo’s Macroeconomics," Great Thinkers in Economics, in: David Ricardo, chapter 5, pages 107-131, Palgrave Macmillan.
  • Handle: RePEc:pal:gtechp:978-1-137-31595-3_5
    DOI: 10.1057/9781137315953_5
    as

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