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Ricardo   /rɪkˈɑrdoʊ/   Listen
Ricardo

noun
1.
English economist who argued that the laws of supply and demand should operate in a free market (1772-1823).  Synonym: David Ricardo.



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"Ricardo" Quotes from Famous Books



... contributed to the change of attitude towards the colonies was the growing influence of a new school of economic thought, the school of Adam Smith, Ricardo, and Malthus. Their ideas had begun to affect national policy as early as the twenties, when Huskisson took the first steps on the way to free trade. In the thirties the bulk of the trading and industrial classes had become converts to these ideas, which won their definite ...
— The Expansion of Europe - The Culmination of Modern History • Ramsay Muir

... his head doubtfully. "Don Ricardo has been working up his own private feud with that outfit. If I was the kind that went looking for a fight, I wouldn't have paid freight on myself from the Panhandle down here. I could have got one right at home, any morning ...
— Heart of the Sunset • Rex Beach

... I am Gaspar Pacheco, lately a master of mariners, but now retired from the sea; and I am here to-day to act the part of interpreter between yourselves and the illustrious Senors Don Luis Maria Alfonso Calderon, Governor of the city of Cartagena; Don Ricardo Picador Garcia, Alcalde of Cartagena; Don Hermoso Morillo, our Intendant; Don Sebastian Campana; Don Ferdinand Miguel Pavia; and Don Ramon Sylva, merchants of Cartagena." And as each individual was named he rose in the stern-sheets of the boat, bowed ...
— Two Gallant Sons of Devon - A Tale of the Days of Queen Bess • Harry Collingwood

... great apparent justice; but that which is not true, often puts on the appearance of truth. For thousands of years, it seemed so obviously true that the sun revolved around the earth that the fact was not disputed, and yet it came finally to be proved that the earth revolved around the sun. Ricardo's theory of the occupation of the earth, the foundation-stone of his system, had so much apparent truth to recommend it, that it was almost universally adopted, and is now the basis of the whole British politico-economical system; and yet the facts are ...
— Letters on International Copyright; Second Edition • Henry C. Carey

... remember many plays in which such persons are baffled, exposed, covered with derision, and insulted by triumphant husbands. Such is the fate of Falstaff, with all his wit and knowledge of the world. Such is the fate of Brisac in Fletcher's Elder Brother, and of Ricardo and Ubaldo in Massinger's Picture. Sometimes, as in the Fatal Dowry and Love's Cruelty, the outraged honor of families is repaired by a bloody revenge. If now and then the lover is represented as an accomplished ...
— Critical and Historical Essays, Volume III (of 3) • Thomas Babington Macaulay

... definite one, it was capable of having and had some practical effect. Mr. Froude exaggerates when he says that Carlyle killed the pseudo-science of orthodox political economy; for the fundamental truths in the works of Turgot, Smith, Ricardo, and Mill cannot be killed: but he pointed out that, like Aristotle's leaden rule, the laws of supply and demand must be made to bend; as Mathematics made mechanical must allow for friction, so must Economics ...
— Thomas Carlyle - Biography • John Nichol

... and most famous of English political economists, who knows existing conditions and has doubtless a clear insight into the movement of bourgeois society, a pupil of the cynical Ricardo,[9] ventured at a public lecture, amidst applause, to apply to political economy what Bacon said of philosophy: "The man who with true and untiring wisdom suspends his judgment, who progresses gradually, surmounting ...
— Selected Essays • Karl Marx

... Mr Ricardo, in the House of Commons,[31] "the price of labour would necessarily be a deduction from the profits of stock." "The Corn-laws raise the price of sustenance—that has raised the price of labour; which, of course, diminishes the ...
— Blackwood's Edinburgh Magazine, No. CCCXXXIX. January, 1844. Vol. LV. • Various

... inexhaustible source of wealth, power, and influence, than all the treasures he could drain from the mines of Mexico and Peru. His resolutions on this interesting subject were chiefly directed by don Ricardo Wall, who now acted as his minister at London; a gentleman of Irish extract, who had distinguished himself in the field as well as in the cabinet, and possessed the joint qualifications of a general and a statesman. He had, ...
— The History of England in Three Volumes, Vol.II. - From William and Mary to George II. • Tobias Smollett



Words linked to "Ricardo" :   economic expert, economist, Neftali Ricardo Reyes



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