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The Discovery of Comparative Advantage

Published online by Cambridge University Press:  11 June 2009

John Aldrich
John Aldrich
Affiliation:
Department of Economics, University of Southampton, Southampton, SO17 1BJ, UK.
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Extract

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.

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Type
Research Article
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Journal of the History of Economic Thought , Volume 26 , Issue 3 , September 2004 , pp. 379 - 399
Copyright
Copyright © The History of Economics Society 2004

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References

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