On Ricardo and Cambridge

Geoffrey Harcourt and Peter Kriesler

No 2014-04, Discussion Papers from School of Economics, The University of New South Wales

Abstract: David Ricardo’s key place in the history of economic thought is well established. However, both the understanding of his Principles of Political Economy and Taxation and its role in the development of economic analysis is much more controversial. Cambridge economists have contributed significantly to both of these issues. They have played an important part in two extremely divergent interpretations of Ricardo’s place in the development of economic thought. Understanding how Ricardo has been viewed in Cambridge does not result in homogeneity, but in a spectrum of interpretations. In this paper, we focus on the role of Ricardo’s Principles in the development of economics as seen by Cambridge economists.

Keywords: Ricardo; Cambridge School; History of economic thought; short period; long period (search for similar items in EconPapers)
JEL-codes: B12 B20 B41 E10 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2014-01
New Economics Papers: this item is included in nep-his, nep-hme, nep-hpe, nep-mac and nep-pke
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