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  • Format: ePub

In "Letters of David Ricardo to Thomas Robert Malthus, 1810-1823," the esteemed economist David Ricardo engages in a profound epistolary dialogue with his contemporary Thomas Malthus, offering critical insights into the economic theories of their time. The letters encapsulate key discussions on the nature of value, distribution, and the implications of population growth on economic stability. Ricardo's meticulous and analytical prose exemplifies the Enlightenment's intellectual rigor, positioning these letters as crucial documents in the landscape of classical economics, illustrating…mehr

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Produktbeschreibung
In "Letters of David Ricardo to Thomas Robert Malthus, 1810-1823," the esteemed economist David Ricardo engages in a profound epistolary dialogue with his contemporary Thomas Malthus, offering critical insights into the economic theories of their time. The letters encapsulate key discussions on the nature of value, distribution, and the implications of population growth on economic stability. Ricardo's meticulous and analytical prose exemplifies the Enlightenment's intellectual rigor, positioning these letters as crucial documents in the landscape of classical economics, illustrating contrasting views on resource allocation and social welfare that were emerging during this pivotal era. David Ricardo (1772-1823) emerged from a wealthy merchant family, navigating the complexities of the market to develop his theories on comparative advantage and rent. His correspondence with Malthus, a renowned demographer and philosopher, reflects their mutual intellectual respect and diverging economic ideologies, shaped by their personal experiences and societal observations. These letters allow readers to trace the evolution of their thoughts, underscoring how they influenced each other and the wider field of economic theory, particularly in matters of population and production. This collection is an invaluable resource for economists, historians, and anyone interested in the foundational debates that have shaped modern economic thought. By engaging with this correspondence, readers will not only gain insights into the personal dynamics between two of the era's foremost thinkers but also appreciate the profound questions they wrestled with, which remain remarkably relevant in contemporary discourse. Highly recommend for scholars and students alike.

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Autorenporträt
David Ricardo (1772-1823) was a pivotal figure of classical economics, whose work and theories have had a profound influence on the development of economic thought. Born in London to a family of Sephardic Jewish roots, Ricardo amassed significant wealth as a stockbroker, which allowed him to engage in intellectual pursuits. He is most notably remembered for his contributions to the theory of rent, the labor theory of value, comparative advantage, and the principles of political economy and taxation. Although Ricardo's 'Principles of Political Economy and Taxation' remains his most famous work, 'Letters of David Ricardo to Thomas Robert Malthus, 1810-1823' offers invaluable insights into his thoughts and the development of his ideas through correspondence with Malthus. The exchange of letters between these two intellectual giants explores their disagreements on economic theory, particularly regarding the law of diminishing returns and the principles of political economy. Ricardo's literary style is marked by its rigor and analytical depth, reflecting his logical approach to economic problems and his ability to abstract and simplify complex ideas. His legacy persists in the fields of economics and political science, where his works continue to be studied for their revolutionary contributions to the discipline.