David Ricardo and the Comparative Advantage – Happy anniversary

On April the 19th, 1817 David Ricardo published his famous book “On the Principles of Political Economy and Taxation” in which he developed his theory of the comparative advantage. This theory has creates the foundation of the theory of the international trade.
Douglas Irwin, Professor at Dartmouth College, has written a short note on this 200th anniversary.
You can read the note here

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