David Ricardo : Comparative Advantage

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David Ricardo; Comparative Advantage
David Ricardo, a British political economist was born on April 18, 1772 in London, England. He was the third child of seventeen in a Sephardic Jewish family who originated from Portugal and had recently emigrated from the Dutch Republic. At the age of fourteen, Ricardo began to work with his father, Abraham Ricardo, who was a famous stockbroker. When Ricardo was twenty-one years of age, he ran off and got married with Priscilla Anne Wilkinson, a Quaker, and became a Christian Unitarian despite his fathers wishes. Ricardo’s religious difference from his family resulted in his disownment by his father, and his mother’s refusal to speak to him again, which prompted him to become independent. After Ricardo’s separation from his family, he began his own successful business as a broker with the reinforcement of Lubbock 's and Forster, a renowned banking house of it’s time. A large portion of Ricardo’s fortune was made as a result of his conjecture on the result of the Battle of Waterloo. It wasn’t until Ricardo was at the age of 37 that he wrote his first economics article. His article was widely accepted in England, and became the basis of orthodox economic ideals in the modern western world, where the government is perceived to have an established role in the outcome of a nation’s economy. Ricardo was an abolitionist. He spoke at the meeting of the Court of the East India Company in March of 1823. Ricardo also adamantly opposed
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