The Discovery of Comparative Advantage

John Aldrich

Journal of the History of Economic Thought, 2004, vol. 26, issue 3, 379-399

Abstract: Torrens [in 1815] clearly preceded Ricardo [in 1817] in publishing a fairly satisfactory formulation of the doctrine [of comparative costs]. It is unquestionable, however that Ricardo is entitled to the credit for first giving due emphasis to the doctrine, for first placing it an appropriate setting, and for obtaining general acceptance for it by economists.

Date: 2004
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