Ricardo, David
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born on | 18 April 1772 | ||||
Place | London, England, 51n30, 0w10 | ||||
Timezone | LMT m0w10 (is local mean time) | ||||
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Biography
English political economist. He was one of the most influential of the classical economists, along with Thomas Malthus, Adam Smith, and James Mill.
He gave systematized, classical form to the rising science of economics in the 19th century. His laissez-faire doctrines were typified in his Iron Law of Wages, which stated that all attempts to improve the real income of workers were futile and that wages perforce remained near the subsistence level.
He died 11 September 1823.
Source Notes
Birth time unknown. Starkman rectified to 19.40.28 LMT Asc 6Sco52'
Categories
- Vocation : Humanities+Social Sciences : Economics
- Notable : Famous : Top 5% of Profession