Just before his retirement from the stock market at age 42 this man addressed the issue of inflation in his first tract, "The High Price of Bullion".
Just before his retirement from the stock market at age 42 this man addressed the issue of inflation in his first tract, "The High Price of Bullion". Remembered today as much for his methods of analysis as for his conclusions, he developed the theory of comparative cost and a theory of rent, and is best-known for a work in which he used Malthus' theory of population and the law of diminishing returns to hold that at some point economic growth would end. FTP, who was this author of 1817's "The Principles of Political Economy and Taxation"?
Just before his retirement from the stock market at age 42 this man addressed the issue of inflation in his first tract, "The High Price of Bullion".
David Ricardo