Robert Barro named this man's equivalence theorem, which states government deficits are anticipated by individuals who increase their saving.
Robert Barro named this man's equivalence theorem, which states government deficits are anticipated by individuals who increase their saving. Piero Sraffa is one member of the school named for this man, who illustrated one of his theories using (*) Portuguese wine and English cloth. He argued for the repeal of the Corn Laws, and his works include The High Price of Bullion and Principles of Political Economy and Taxation. For 10 points, name this British economist who proposed the iron law of wages and developed the theory of comparative advantage.
Robert Barro named this man's equivalence theorem, which states government deficits are anticipated by individuals who increase their saving.
David Ricardo