This thinker later rejected his theory that demand would remain the same if a government finances its spending through debt or taxes in his namesake equivalence.
This thinker later rejected his theory that demand would remain the same if a government finances its spending through debt or taxes in his namesake equivalence. He argued in favor of a metal-based currency in The High Price of Bullion and claimed that elevated rent was one of the many negative effects of (*) Corn Laws. He also declared that trade was more beneficial than developing all goods and services within an economy in Principles of Political Economy and Taxation. For 10 points, name this English formulator of the law of comparative advantage who also developed the iron law of wages.
This thinker later rejected his theory that demand would remain the same if a government finances its spending through debt or taxes in his namesake equivalence.
David {Ricardo}