id author title date pages extension mime words sentences flesch summary cache txt en-wikipedia-org-4881 David Ricardo - Wikipedia .html text/html 6827 865 57 Contributions Ricardian equivalence, labour theory of value, comparative advantage, law of diminishing returns, Ricardian socialism, Economic rent[1] David Ricardo (18 April 1772 – 11 September 1823) was a British political economist, one of the most influential of the classical economists along with Thomas Malthus, Adam Smith and James Mill.[2][3] Ricardo's theory of international trade was reformulated by John Stuart Mill.[19] The term "comparative advantage" was started by J. Sraffa in 1930 and by Kenzo Yukizawa in 1974.[23] The new interpretation affords a totally new reading of Ricardo's Principles of Political Economy and Taxation with regards to trade theory, although it does not change the mathematics of optimal resource allocation. ^ On The Principles of Political Economy and Taxation London: John Murray, Albemarle-Street, by David Ricardo, 1817 (third edition 1821) – Chapter 6, On Profits: paragraph 28, "Thus, taking the former . ./cache/en-wikipedia-org-4881.html ./txt/en-wikipedia-org-4881.txt