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On Ricardo and Cambridge

Author

Listed:
  • Geoff C. Harcourt

    (School of Economics, Australian School of Business, the University of New South Wales)

  • Peter Kriesler

    (School of Economics, Australian School of Business, 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.

Suggested Citation

  • Geoff C. Harcourt & Peter Kriesler, 2014. "On Ricardo and Cambridge," Discussion Papers 2014-04, School of Economics, The University of New South Wales.
    • Handle: RePEc:swe:wpaper:2014-04
    as

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    File URL: http://research.economics.unsw.edu.au/RePEc/papers/2014-04.pdf
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Ricardo; Cambridge School; History of economic thought; short period; long period;
    All these keywords.

    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General

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