He wrote about the differences in specie stocks between countries and its impact on central banks in the High Price of Bullion and Robert Barro popularized his theory that demand stayed the same whether government used debt or taxes, his namesake "equivalence".
This man's last works include a note on "Absolute Value and Exchangeable Value," a letter written in response to William Blake's push for increased government spending, and an outline of how to increase the public profit from the supply of paper currency, his "Plan for a National Bank." He wrote about the differences in specie stocks between countries and its impact on central banks in the High Price of Bullion and Robert Barro popularized his theory that demand stayed the same whether government used debt or taxes, his namesake "equivalence". Also known for opposing the Corn Laws while in Parliament, for 10 points, identify this economic theorist, the author of the Principles of Political Economy and Taxation and a formulator of the "iron law of wages" as well as comparative advantage.
This man's last works include a note on "Absolute Value and Exchangeable Value," a letter written in response to William Blake's push for increased government spending, and an outline of how to increase the public profit from the supply of paper currency, his "Plan for a National Bank."
David Ricardo