Ricardian
- noun
- /rɪˈkɑrdɪən/
- Specialized
- The debate between the Ricardian and Keynesian schools shaped much of modern economic thought.
Examples
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Many 19th-century economists identified as Ricardians and promoted free trade policies.
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Many Ricardians advocate for free trade policies.
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As a dedicated Ricardian, he often referenced the principle of comparative advantage in his lectures.
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A true Ricardian believes in the benefits of comparative advantage.
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As a dedicated Ricardian, he often referenced the principle of comparative advantage in his lectures.
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Many 19th-century economists identified as Ricardians and promoted free trade policies.
-
A true Ricardian believes in the benefits of comparative advantage.
Synonyms
5
3.9
A person who supports trade between countries without import taxes or other barriers
Surface Forms
Morphology
Ricardian = Ricardo (transparent) = ricard + ian
Formed by adding the relational suffix '-ian' to the surname 'Ricardo' to denote an adherent of his economic theories, a predictable derivation.
Etymology
Ricardian comes from the name David Ricardo, a famous 19th-century economist, so a Ricardian in economics is 'a person who follows Ricardo's ideas about free trade and comparative advantage'.