The Empirical Content of Ricardian Economics

  title={The Empirical Content of Ricardian Economics},
  author={M. Blaug},
  journal={Journal of Political Economy},
  pages={41 - 58}
  • M. Blaug
  • Published 1956
  • Economics
  • Journal of Political Economy
I THINK it fair to say that Ricardian economics is popularly depicted as having evolved in a state of almost complete factual ignorance. The weight of modern scholarship concurs in regarding the empirical content of Ricardian economics, whatever its character, as irrelevant to an understanding of economic thought in the half-century after Ricardo's death. To be sure, the initial postulates of the Ricardian "vision" are granted to have been influenced by casual observation and a variety of… Expand
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