av AudunG | mai 17, 2017 | Uncategorized
David Ricardo (1772-1823) Even the most hostile critics of the Ricardian system have granted that at least David Ricardo made one vital contribution to economic thought and to the case for freedom of trade: the law of comparative advantage. In emphasizing the great...
av AudunG | apr 21, 2017 | Uncategorized
ADAM SMITH “As soon as the land of any country has all become property, the landlords, like all other men. Love to reap where they never sowed, and demand a rent even for its natural produce.” “I have never known much good done by those who affected to trade for the...
av AudunG | apr 10, 2017 | Uncategorized
The master-economist must posses a rare combination of gifts. He must be mathematician, historian, statesman, philosopher – in some degree. He must understand symbols and speak in words. He must contemplate the particular, in terms of the general, and touch abstract...
