The idea that the government's choice of monetary policy does not affect the overall economy is known as this man's equivalence.
A school of thought named after this thinker was founded by the author of The Production of Commodities by Means of Commodities, Pierro Sraffa.. The idea that the government's choice of monetary policy does not affect the overall economy is known as this man's equivalence. This man discussed the depreciation of bank notes in his work "The High Price of Bullion," and he illustrated one of his points using Portuguese wine and English cloth. In On the Principles of Political Economy and Taxation, this man argued that Adam Smith had not written enough about rent. For 10 points, name this formulator of the iron law of wages and the theory of comparative advantage.
A school of thought named after this thinker was founded by the author of The Production of Commodities by Means of Commodities, Pierro Sraffa..
David Ricardo