Definitions
from The Century Dictionary.
- Pertaining to or characteristic of David Ricardo, an English political economist (1772-1823), or his theories.
- noun An adherent or follower of Ricardo.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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Also, perhaps people are hard-wired to disbelieve in Ricardian comparative advantage.
Economics and Evolution, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Politicians had inadvertently tapped into a principle known as Ricardian Equivalence, says Prof.
How Medicare Was Saved Jr. Holman W. Jenkins 2011
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To be sure, as some observers said in his own day, the tool of abstraction could also be used to ignore awkward facts and not always “rational” behavior—a problem that has become known as the Ricardian Vice.
The Worldly Philosophers Robert L. Heilbroner 1999
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To be sure, as some observers said in his own day, the tool of abstraction could also be used to ignore awkward facts and not always “rational” behavior—a problem that has become known as the Ricardian Vice.
The Worldly Philosophers Robert L. Heilbroner 1999
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Reductions in spending, according to a theory known as Ricardian equivalence, will do no harm because lower borrowing will automatically lead to higher private spending.
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The logic behind this is derived from a theory called Ricardian equivalence, which holds that government spending cannot boost demand, since consumers cut their own expenditure in anticipation of higher taxes ahead.
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The theory, called the Ricardian equivalent, is central to the Republicans 'claims.
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The theory, called the Ricardian equivalent, is central to the Republicans 'claims.
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The theory, called the Ricardian equivalent, is central to the Republicans 'claims.
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The theory, called the Ricardian equivalent, is central to the Republicans 'claims.
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