Roberto Barro developed a theory of government finance called this man's "equivalence."
This thinker searched for a "standard commodity" that would reflect his "labor-embodied" theory of value. Roberto Barro developed a theory of government finance called this man's "equivalence." He discussed situations where scarcity of land led to disproportionate individual benefit for landlords compared to the real social value of their land as examples of his namesake rent. He criticized the agricultural tariffs imposed by the Corn Laws and wrote Principles of Political Economy and Taxation, in which he introduced comparative advantage. For 10 points, name this British economist who espoused the "iron law of wages."
This thinker searched for a "standard commodity" that would reflect his "labor-embodied" theory of value.
David {Ricardo}