Titlebook: David Ricardo; John E. King Book 2013 Palgrave Macmillan, a division of Macmillan Publishers Limited 2013 David Ricardo.economic policy.ec

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International and Development EducationBank of England and the prominence of monetary policy issues in his early work on macroeconomics, and continued into his mature thought on rent, profit and value and the critical issue of the Corn Laws.

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International and Development Educationduring and after the ‘marginalist revolution’, between 1870 and 1936 (section 7.2); the very different assessment of Ricardo that was common after 1936 during the Keynesian revolution (section 7.3); and, finally, Ricardo in the age of neoliberalism, that is, since 1975 (section 7.4).

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Curriculum Studies in South Africa’s assessment of Ricardo in the ., which he condemned as ‘one of the many examples of the way in which the magic name of Ricardo has been conjured with in generalisations about the history of economic thought’ (Hutchison 1952, p. 417). Hutchison distinguished three guilty parties — Mercantilist-Keyn

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David Ricardo978-1-137-31595-3Series ISSN 2662-6276 Series E-ISSN 2662-6284

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https://doi.org/10.1057/9781137374295ing on the long-run prospects for real wages, and hence for the living standards of the great majority of the population. This question is considered in the first section of the chapter, since it has a very direct bearing on Ricardo’s attitude towards economic growth and the possibility that it would eventually peter out.

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