British political economist, broker and politician
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3 episodes with David Ricardo
13 episodes with David Ricardo
6 episodes with David Ricardo
2 episodes with David Ricardo
3 episodes with David Ricardo
2 episodes with David Ricardo
2 episodes with David Ricardo
2 episodes with David Ricardo
2 episodes with David Ricardo
Mohnish Pabrai's Q&A session with Dakshana Scholars at JNV Lucknow on July 14, 2024. (00:00:00) – Introduction (00:00:32) - Adam Smith and David Ricardo (00:04:03) - Success story of India's shrimp industry (00:09:24) - MSP and farm laws; India vs USA (00:14:37) - Japan's rapid post-war development (00:20:01) - Givers, Takers, Matchers & Dakshana (00:26:13) - Rule of 72 (00:31:53) - Robert Caro: Relentless research, unrivalled narrative (00:33:35) - Dakshana's Mission: Empowering Underprivileged Students (00:37:31) - Secret to success: Focus (00:41:42) - Upanishads on true desire The contents of this video are for educational and entertainment purposes only, and do not purport to be, and are not intended to be financial, legal, accounting, tax, or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation, or needs, and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.
Dans cet épisode, Olivier Babeau explique pourquoi la politique protectionniste de Donald Trump, basée sur la fermeture des frontières et les taxes douanières, est vouée à l'échec. Il revient sur la théorie des avantages comparatifs de David Ricardo, qui montre que la spécialisation et le libre-échange sont les meilleurs moyens pour un pays de s'enrichir. Malgré l'attrait émotionnel du protectionnisme, les chiffres démontrent que cette stratégie coûte plus d'emplois qu'elle n'en sauve et nuit aux consommateurs. Une analyse éclairante des enjeux économiques de la mondialisation.Notre équipe a utilisé un outil d'Intelligence artificielle via les technologies d'Audiomeans© pour accompagner la création de ce contenu écrit.Distribué par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.
Ceará enfrenta o Náutico pela Copa do Nordeste; Ferroviário enfrenta o Sport pela Copa do Nordeste; Ceará acerta venda de zagueiro David Ricardo ao Botafogo por R$ 11 milhões; Danilo decide voltar ao Brasil e avança em conversas para defender o Flamengo por dois anos.
In this episode, we're diving into a timeless economic solution that's gaining new attention in today's housing debates: the Land Value Tax (LVT). Unlike traditional property taxes, which tax both land and the structures on it, a Land Value Tax focuses solely on the land. This means property owners aren't penalized for making improvements, like building more housing—a crucial distinction in the context of today's housing crisis. We'll explore the origins of this idea, tracing back to economists like Adam Smith and David Ricardo in the 1700s, and its popularization by Henry George in his influential 1879 book Progress and Poverty. Advocates of LVT, often called Georgists, have emerged from across the political spectrum, including notable figures like Milton Friedman and Joseph Stiglitz. Joining us is Floyd Marinesco from Common Wealth Canada, a think tank advocating for a Land Value Tax to address housing challenges in Canada. Floyd shares insights into how this idea could reshape housing markets and what lessons might apply to other regions facing similar issues. Have questions or feedback? Email me at askjohn@movesmartly.com—we'd love to hear from you!
In response to Murphy's recent article on comparative advantage, economist Jorge Morales Meoqui objected that Murphy was continuing the same erroneous story about Adam Smith vs. David Ricardo. In this episode, Murphy clarifies what is right and wrong in Meoqui's own paper on the topic.Jorge Morales Meoqui's Article on Comparative Advantage: Mises.org/HAP471aThe Bob Murphy Show, Episode 352 on Comparative Advantage: Mises.org/HAP471bBob's Article, "The Beauty and Importance of Comparative Advantage": Mises.org/HAP471cThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree
In response to Murphy's recent article on comparative advantage, economist Jorge Morales Meoqui objected that Murphy was continuing the same erroneous story about Adam Smith vs. David Ricardo. In this episode, Murphy clarifies what is right and wrong in Meoqui's own paper on the topic.Jorge Morales Meoqui's Article on Comparative Advantage: Mises.org/HAP471aThe Bob Murphy Show, Episode 352 on Comparative Advantage: Mises.org/HAP471bBob's Article, "The Beauty and Importance of Comparative Advantage": Mises.org/HAP471cThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree
Bob goes solo to explain Adam Smith's absolute advantage versus David Ricardo's comparative advantage. This important concept underpins civilization itself.Mentioned in the Episode and Other Links of Interest:The infineo post on this numerical example.Bob's book Lessons for the Young Economist has a discussion of comparative advantage (see chapters 8 and 19).Help support the Bob Murphy Show.
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Bob quotes from David Ricardo to show that the classical economists understood that utility was essential to explaining market value, but then he also explains why the Marginalist Revolution was a scientific advancement.Bob's Journal of Libertarian Studies Article on The Labor Theory of Value: Mises.org/HAP462aHuman Action Podcast Episode 460, "What Does Say's Law Really Say?": Mises.org/HAP462bDavid Ricardo, On the Principles of Political Economy and Taxation: Mises.org/HAP462cFor the next two weeks only, get a FREE copy of Dr. Per Bylund's How to Think About the Economy: Mises.org/HAPodFree
Bob quotes from David Ricardo to show that the classical economists understood that utility was essential to explaining market value, but then he also explains why the Marginalist Revolution was a scientific advancement.Bob's Journal of Libertarian Studies Article on The Labor Theory of Value: Mises.org/HAP462aHuman Action Podcast Episode 460, "What Does Say's Law Really Say?": Mises.org/HAP462bDavid Ricardo, On the Principles of Political Economy and Taxation: Mises.org/HAP462cFor the next two weeks only, get a FREE copy of Dr. Per Bylund's How to Think About the Economy: Mises.org/HAPodFree
Em exclusiva para o CearáCast, David Ricardo destacou o início da carreira em Teresina e a chegada no Alvinegro. O defensor de 21 anos respondeu sobre as sondagens do futebol europeu, o sonho de jogar no "velho continente" e na seleção brasileira. Desde o início de sua jornada em Porangabuçu no ano de 2022, o camisa 4 levantou os títulos da Copa do Nordeste e Cearense. O bate-papo do episódio foi mediado por Samuel Conrado. Já chega no like e compartilha com os amigos a conversa exclusiva com David Ricardo.
Episodio 1. ¿Cuáles fueron las influencias intelectuales de Marx en el campo de la filosofía, la economía y la política? En este vídeo repasamos la impronta que dejaron en él pensadores como Hegel, Feuerbach, Adam Smith, David Ricardo o los llamados socialistas utópicos.Este primer episodio se corresponde con el capítulo "Introducción al pensamiento filosófico,económico y político de Marx" del primer tomo de Anti-Marx.✍️ Si quieres registrarte para obtener más información sobre el curso, puedes hacerlo desde aquí: https://hesperides.edu.es/estudios/curso-universitario-sobre-anti-marx/
------------------Support the channel------------ Patreon: https://www.patreon.com/thedissenter PayPal: paypal.me/thedissenter PayPal Subscription 3 Dollars: https://tinyurl.com/ybn6bg9l PayPal Subscription 5 Dollars: https://tinyurl.com/ycmr9gpz PayPal Subscription 10 Dollars: https://tinyurl.com/y9r3fc9m PayPal Subscription 20 Dollars: https://tinyurl.com/y95uvkao ------------------Follow me on--------------------- Website: https://www.thedissenter.net/ Facebook: https://www.facebook.com/thedissenteryt/ Twitter: https://x.com/TheDissenterYT This show is sponsored by Enlites, Learning & Development done differently. Check the website here: http://enlites.com/ Dr. Elizabeth Anderson is Max Shaye Professor of Public Philosophy, John Dewey Distinguished University Professor, and Arthur F. Thurnau Professor at the University of Michigan. Dr. Anderson specializes in moral, social and political philosophy, feminist theory, social epistemology, and the philosophy of economics and the social sciences. Her latest book is Hijacked: How Neoliberalism Turned the Work Ethic against Workers and How Workers Can Take It Back. In this episode, we focus on Hijacked. We start by talking about the origins of the protestant work ethic, the relationship between the work ethic and utilitarianism, and the ideas of John Locke. We discuss how conservatives hijacked the concept of the work ethic and turned it against the workers, and the earlier political applications of the conservative work ethic, involving English welfare reform, the Irish poor law, etc. We talk about Adam Smith, David Ricardo, John Stuart Mill, Karl Marx, and the progressive work ethic. We discuss social democracy and the origins of social insurance. We talk about the rise of neoliberalism, and how welfare policy, and business ethics operate in neoliberal capitalism. Finally, we discuss how we can strive for a progressive work ethic. -- A HUGE THANK YOU TO MY PATRONS/SUPPORTERS: PER HELGE LARSEN, JERRY MULLER, HANS FREDRIK SUNDE, BERNARDO SEIXAS, OLAF ALEX, ADAM KESSEL, MATTHEW WHITINGBIRD, ARNAUD WOLFF, TIM HOLLOSY, HENRIK AHLENIUS, FILIP FORS CONNOLLY, DAN DEMETRIOU, ROBERT WINDHAGER, RUI INACIO, ZOOP, MARCO NEVES, COLIN HOLBROOK, PHIL KAVANAGH, SAMUEL ANDREEFF, FRANCIS FORDE, TIAGO NUNES, FERGAL CUSSEN, HAL HERZOG, NUNO MACHADO, JONATHAN LEIBRANT, JOÃO LINHARES, STANTON T, SAMUEL CORREA, ERIK HAINES, MARK SMITH, JOÃO EIRA, TOM HUMMEL, SARDUS FRANCE, DAVID SLOAN WILSON, YACILA DEZA-ARAUJO, ROMAIN ROCH, DIEGO LONDOÑO CORREA, YANICK PUNTER, CHARLOTTE BLEASE, NICOLE BARBARO, ADAM HUNT, PAWEL OSTASZEWSKI, NELLEKE BAK, GUY MADISON, GARY G HELLMANN, SAIMA AFZAL, ADRIAN JAEGGI, PAULO TOLENTINO, JOÃO BARBOSA, JULIAN PRICE, EDWARD HALL, HEDIN BRØNNER, DOUGLAS FRY, FRANCA BORTOLOTTI, GABRIEL PONS CORTÈS, URSULA LITZCKE, SCOTT, ZACHARY FISH, TIM DUFFY, SUNNY SMITH, JON WISMAN, WILLIAM BUCKNER, PAUL-GEORGE ARNAUD, LUKE GLOWACKI, GEORGIOS THEOPHANOUS, CHRIS WILLIAMSON, PETER WOLOSZYN, DAVID WILLIAMS, DIOGO COSTA, ANTON ERIKSSON, CHARLES MOREY, ALEX CHAU, AMAURI MARTÍNEZ, CORALIE CHEVALLIER, BANGALORE ATHEISTS, LARRY D. LEE JR., OLD HERRINGBONE, MICHAEL BAILEY, DAN SPERBER, ROBERT GRESSIS, IGOR N, JEFF MCMAHAN, JAKE ZUEHL, BARNABAS RADICS, MARK CAMPBELL, TOMAS DAUBNER, LUKE NISSEN, KIMBERLY JOHNSON, JESSICA NOWICKI, LINDA BRANDIN, NIKLAS CARLSSON, GEORGE CHORIATIS, VALENTIN STEINMANN, PER KRAULIS, KATE VON GOELER, ALEXANDER HUBBARD, BR, MASOUD ALIMOHAMMADI, JONAS HERTNER, URSULA GOODENOUGH, DAVID PINSOF, SEAN NELSON, MIKE LAVIGNE, JOS KNECHT, ERIK ENGMAN, LUCY, YHONATAN SHEMESH, MANVIR SINGH, AND PETRA WEIMANN! A SPECIAL THANKS TO MY PRODUCERS, YZAR WEHBE, JIM FRANK, ŁUKASZ STAFINIAK, TOM VANEGDOM, BERNARD HUGUENEY, CURTIS DIXON, BENEDIKT MUELLER, THOMAS TRUMBLE, KATHRINE AND PATRICK TOBIN, JONCARLO MONTENEGRO, AL NICK ORTIZ, NICK GOLDEN, AND CHRISTINE GLASS! AND TO MY EXECUTIVE PRODUCERS, MATTHEW LAVENDER, SERGIU CODREANU, BOGDAN KANIVETS, ROSEY, AND GREGORY HASTINGS!
This is a free preview of a paid episode. To hear more, visit andrewsullivan.substack.comOren is a writer and policy advisor. In 2012, he was the domestic policy director for Romney's presidential campaign, and in 2018 he wrote The Once and Future Worker: A Vision for the Renewal of Work in America. In 2020, he founded the think tank American Compass, where he serves as executive director. He's also a contributing opinion writer for the Financial Times.For two clips of our convo — on how China cheats at free trade, and the possibility of Trumpism without Trump — pop over to our YouTube page. Other topics: growing up in a stable family in suburban Mass; both American parents grew up in Israel; Oren's progressive charter school; turning to conservatism at his very liberal college; studying political economy; working at Bain; the gap between wealth and happiness; the stagnant protectionist UK before Thatcher; Brexit; how London is almost unrecognizable to older Brits; Adam Smith and David Ricardo; how no one predicted the fall of the Soviet Union; Tiananmen Square; neoliberalism's obsession with GDP growth; NAFTA and the WTO; the China Shock; how the success of the free market swung the pendulum too far; the meaning of populism; Oren working for the Romney campaign after the Great Recession; the growing trade deficit; Biden following the Trump playbook on tariffs and industrial policy; semiconductors in Taiwan; the CHIPS Act; the left's disdain for patriotism; the cheap labor of open borders; E-Verify; how the college-for-all model is a “toxic disaster”; Biden's loan forgiveness; Trump's advantage in the 2024 election; his growing multi-racial coalition; his tax cuts and their looming expiration; Republicans rethinking labor unions; reformicons like Reihan and Ross; and me calling out Yglesias for never paying for The Weekly Dish. (Subscribe!)Browse the Dishcast archive for an episode you might enjoy (the first 102 are free in their entirety — subscribe to get everything else). Coming up: Nellie Bowles on the woke revolution, Noah Smith on the economy, Bill Maher on everything, George Will on Trump and conservatism, Lionel Shriver on her new novel, Elizabeth Corey on Oakeshott, and the great Van Jones! Send any guest recs, dissents, and other comments to dish@andrewsullivan.com.
Herhalde her sorunun temelinde bölüşüm yatmaktadır. Siyasetten ekonomiye, aileden kamu yönetimine kadar hangi taşı kaldırırsanız altından bölüşüm sorununun çıktığını görürsünüz. Bu yazımızda David Ricardo'nun bir hikayesinden yola çıkarak kamu yönetimindeki bölüşüm sorununu açıklamaya çalışacağız. Ricardo'nun anlattığı hikayedeki bölüşüm sorunu Önce David Ricardo'dan biraz bahsetmemiz gerekiyor. Hollanda asıllı Yahudi bir ailenin 17 çocuğundan üçüncüsü olarak 18 Nisan 1772'de Londra'da doğduğu kaynaklarda yer alıyor. Hollanda'daki kısa bir eğitim döneminden sonra, 14 yaşında, borsa simsarı olan babasından banka ve kambiyo işlerinin inceliklerini öğrenmeye başlar ve bir dönem East India Company'de çalışır. Ünlü iktisatçı Adam Smith'in Ulusların Zenginliği isimli eseriyle tanışması onda iktisada karşı bir ilgi uyandırdığı için borsayı bırakıp ekonomi ve siyasetle uğraşmaya başlar. Borsa ile ilgilendiği dönemde iyi bir mal varlığına da sahip olmuştur. 1817 senesinde kendisine ün kazandıran eseri Ekonomi Politiğin ve Vergilendirmenin İlkeleri'ni yayımlamıştır. 1819'da İngiliz parlamentosuna girer. Diğer klasik iktisatçılar gibi Ricardo da hep uluslararası ticarette her türlü müdahaleyi reddetmiştir. Dış ticarette geliştirdiği "Mukayeseli Üstünlükler Teorisi" büyük ilgi uyandırmıştır. Ricardo, James Mill'in yakın arkadaşlarındandı. Jeremy Bentham ve Thomas Malthus da arkadaşlarındandır. 51 yaşında Gatcombe Park'ta ölmüştür. Şimdi de Ricardo'nun hayat hikayesini bir kenara bırakıp bölüşümle ilgili hikayesini dinleyelim. Hikaye bu ya, üç kişi deniz yolculuğuna çıkar ve gemi adaya yakın bir yerde batar. Gemi batmak üzere iken gemideki bir kayığı denize indirerek içerisine yükleyebildikleri kadar gemideki konserve kutularını yerleştirirler. Sonrasında da kendileri de kayığa binerek adaya çıkarlar ve kayığın içindeki konserve kutularını uygun bir yere yerleştirirler. Gemiden kurtulan üç arkadaş yiyecek bir şeyler aramak için adayı biraz dolaşırlar. Ancak nafile, kısa sürede bulacak bir şey bulamayıp tekrar yerlerine dönerler. Ne de olsa hepsi de acemi olup adada hangi bitkinin yenip yenmediğini de bilmezler. Elbette bilmedikleri bir adada dolaşmanın oluşturduğu biraz tedirginlikte oluşur. Bu arada üç kişinin mesleklerini yazmayı unutmayalım. Bunlardan birisi doktor, diğeri mühendis ve üçüncüsü de iktisatçıdır. Ne yapacaklarını ve adadan nasıl kurtulacaklarını tartışırlar. Bir süre sonra da karınları acıkır. İçlerinden doktor olan batan gemiden kurtardıkları konserve kutularını açarak içindekilerini yemeyi önerir. Diğerleri de başka çareleri olmadığı için olur derler. Doktor eline bir taş parçası alarak konserve kutusunu açmaya başlar. Hemen mühendis devreye girerek bu şekilde kutunun açılmasının mahzurlarını izah eder. Açılan kutunun içerisine taş kırıntıları düşeceği için başka bir yöntem önerir. Öncelikle taşla bir ağaç parçasının sivriltilerek konserve kutusunun açılmasının daha makul olduğunu izah eder.
No ar, mais um #NE451ªedição. Na pauta, o detalhamento das tabelas das semifinais da Copa do Nordeste, da 3ª fase da Copa do Brasil e da Série D; o interesse revelado de Textor pelo CEO do Fortaleza, Marcelo Paz; a proposta do Botafogo pelo zagueiro David Ricardo, do Ceará e a apresentação dos últimos reforços […]
English: Individuo Atemporal is a multidisciplinary project of music, art and expression led by David Ricardo, from Medellín (Colombia). Inspired by constant experimentation through sound and in its main reading of life, expressing everything, through the soul, from the digital language of music and electronic arts, in search of avant-garde sounds and expressions, but without closing to the modern and abstract. Since mid-2023 this project was born, the focus is aimed at immersion in the production and composition of electronic music, through tonal manipulation, exploring the variability of generating conversations through sounds. The sound expression of Individuo Atemporal goes from experimental techno to the minimalist area, through the deep and hypnotic. In addition, he is not closed to including influences from genres such as Hip Hop, Drum and Bass, Jazz etc... In addition, his daily life is what leads him to the realization of all his artistic projects. -------------------------------------------------------------------------------------------------- Español: Individuo Atemporal es un proyecto multidisciplinario de música, arte y expresión comandado por David Ricardo, de Medellín (Colombia). Inspirado por la experimentación constante a través del sonido y en su lectura principal de la vida, el expresar del todo, mediante el alma, desde el lenguaje digital de la música y artes electrónicos, en búsqueda de sonidos y expresiones vanguardistas, pero sin cerrarse a lo moderno y abstracto. Desde mediados del 2023 nace este proyecto, el enfoque va dirigido a la inmersión en la producción y composición de música electrónica, mediante la manipulación tonal, explorando la variabilidad de generar conversaciones mediante sonidos. El expresar sonoro de Individuo Atemporal va desde el techno experimental hasta el área minimalista, pasando por lo profundo e hipnótico. Además, no está cerrado a incluir influencias de los géneros como Hip Hop, Drum and Bass, Jazz etc… Además, su cotidianidad es lo que lo lleva a la realización de todos sus proyectos artísticos. ARTISTS Links: INDIVIDUO ATEMPORAL: SC: @individuoatemporal FB: https://www.facebook.com/IndividuoAtemporal/ IG: https://www.instagram.com/individuoatemporal/ MEDELLINSTYLE: SC : @medellinstyledj FB: www.facebook.com/culturaelectronica IG: www.instagram.com/medellinstyle/?hl=es-la
“The value of a commodity, or the quantity of any other commodity for which it will exchange, depends on the relative quantity of labour which is necessary for its production, and not on the greater or less compensation which is paid for that labour.” - David Ricardo This week on The Lightning Podcast, join Cyrus Palizban, Nico Sarian, Zohar Atkins, and Harry Jacobs as we delve into this quote on economics by David Ricardo. From Taylor Swift and Kim Kardashian to Uber surge pricing and keto ice cream, the discussion expands to explore the modern applications of Ricardo's labor theory of value. The conversation touches on various topics including the perception of value, the significance of creating products that meet new or specific needs, and how technological innovations and societal attitudes reshape our understanding of worth and commoditization. Certainly, we hope you find this episode worth your time. 00:00 Welcome to The Lightning Podcast: Introducing Our Guests 00:55 Diving Into David Ricardo's Economic Theories 01:45 Exploring the Concept of Labor Value and Commoditization 09:56 The Intricacies of Monopoly, Free Trade, and Market Dynamics 11:10 The Influence of Branding and the Power of Monopolies 24:00 Redefining Value: From Commodities to Personal Branding 30:41 The Kardashian Effect: Fame, Influence, and Opportunity 33:43 The Kardashian Empire and Celebrity Influence 34:04 Exploring the Phenomenon of Outliers 35:21 Generational Talents and Record Breakers 36:38 The Power of Celebrity in Sports and Politics 39:08 Innovation, Monopolies, and Market Dynamics 42:37 The Essence of Competition and Innovation 50:11 The Cultural Impact of Taylor Swift and NFL Dynamics 52:41 Exploring Modernity, Tradition, and Community Dynamics 01:00:17 The Value of Differentiation and Authenticity Want to continue the discussion? Join us for more learning and discussion in our Meditations and Chronicles WhatsApp groups! Meditations: https://chat.whatsapp.com/JIFXc06ABCPEsyfUBtvm1U Chronicles: https://chat.whatsapp.com/FD6M9a35KCE2XrnJrqaGLU Follow us on other platforms for more content! Twitter: https://x.com/lightinspires Instagram: https://instagram.com/lightning.inspiration?igshid=NzZlODBkYWE4Ng== LinkedIn: https://www.linkedin.com/company/lightning-meditations/
This episode of Economics Explored explores the theory of Ricardian equivalence, a proposition that fiscal policy measures like tax cuts or stimulus payments may not effectively boost the economy if households anticipate higher future taxes to pay off government debt. Host Gene Tunny explains the concept originating from David Ricardo and popularized by Robert Barro, involving ultra-rational consumer optimization over infinite time horizons. While an elegant theoretical model, Ricardian equivalence relies on unrealistic assumptions and fails empirical tests. Evidence shows households do increase spending after rebates or transfers, although not always by as much as policy makers would like. Ultimately, while the merits of discretionary fiscal policy are debatable, Ricardian equivalence is too extreme a hypothesis. Households do not behave as ultra-rational dynamic optimizing models predict.Please get in touch with us with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or sending a voice message via https://www.speakpipe.com/economicsexplored. You can listen to the episode via the embedded player below or via podcasting apps including Google Podcasts, Apple Podcast and Spotify.TakeawaysFive takeaways from this episode are:1. Ricardian equivalence is an elegant theoretical model but relies on unrealistic assumptions about rational consumer behavior.2. Empirical evidence overwhelmingly finds that households do increase spending after tax rebates or fiscal stimulus, contrary to Ricardian equivalence predictions.3. Related concepts like Friedman's permanent income hypothesis are more nuanced but also face limitations in fully explaining consumer decisions.4. While fiscal policy faces challenges, Ricardian equivalence is not a compelling argument against its effectiveness due to failures of the underlying theory.5. Examining economic models against real-world evidence is important for evaluating their validity and implications for policy.TimestampsIntroduction. (0:00)David Ricardo's economic theories and their relevance today. (5:30)Ricardian equivalence in macroeconomics. (11:02)Consumption function and fiscal policy. (17:48)Rational economic models and their implications. (23:18)Ricardian equivalence theory and its limitations. (26:41)Ricardian equivalence theory and its empirical support. (33:59)Consumer spending after receiving tax rebates. (39:10)Ricardian equivalence in economics. (43:55)LinksPrevious episode in which Ricardian Equivalence was mentioned:https://economicsexplored.com/2024/01/11/the-limits-of-fiscal-policy-insights-from-tony-makin-alex-robson-others-ep222/Robert Barro's 1974 article “Are Government Bonds Net Wealth?”https://eml.berkeley.edu/~saez/course131/Barro74JPE.pdfJames M. Buchanan on “Barro on the Ricardian Equivalence Theorem”https://www.journals.uchicago.edu/doi/abs/10.1086/260436Geoffrey Brennan and James M. Buchanan on “The Logic of the Ricardian Equivalence Theorem”https://www.jstor.org/stable/40911555John J. Seater on “Ricardian Equivalence”https://www.jstor.org/stable/2728152T. D. Stanley on “New Wine in Old Bottles: A Meta-Analysis of Ricardian Equivalence”https://www.jstor.org/stable/1060788Economist 2008 column “Ricardian equivalence is dead”https://www.economist.com/free-exchange/2008/05/19/ricardian-equivalence-is-deadAnrdrew Leigh's paper “How Much Did the 2009 Australian Fiscal Stimulus Boost Demand? Evidence from Household-Reported Spending Effects”http://andrewleigh.org/pdf/FiscalStimulus.pdfMatthew D. Shapiro & Joel B. Slemrod's study “Did the 2008 Tax Rebates Stimulate Spending?”https://www.nber.org/papers/w14753Claudia R. Sahm, Matthew D. Shapiro and Joel Slemrod's analysis “Check in the Mail or More in the Paycheck: Does the Effectiveness of Fiscal Stimulus Depend on How It Is Delivered?” https://www.aeaweb.org/articles?id=10.1257/pol.4.3.216Ikuo Saito's paper “Fading Ricardian Equivalence in Ageing Japan”https://www.imf.org/en/Publications/WP/Issues/2016/12/31/Fading-Ricardian-Equivalence-in-Ageing-Japan-44302Thanks to Obsidian Productions for mixing the episode and to the show's sponsor, Gene's consultancy business www.adepteconomics.com.au. Full transcripts are available a few days after the episode is first published at www.economicsexplored.com. Economics Explored is available via Apple Podcasts, Google Podcast, and other podcasting platforms.
Algunas consideraciones sobre renta diferencial de David Ricardo
durée : 00:58:58 - Le Cours de l'histoire - par : Xavier Mauduit - En 1817, David Ricardo fait paraître un ouvrage majeur : "Des principes de l'économie politique et de l'impôt". Dans une Angleterre agricole en cours d'industrialisation, comment David Ricardo perçoit-il le progrès de la société anglaise ? En quoi est-il un visionnaire du capitalisme industriel ? - invités : Ghislain Deleplace Professeur émérite à l'Université Paris 8 Vincennes-Saint-Denis
Capitalism can cause massive economic inequalities. Indeed, a century after Adam Smith wrote the Wealth of Nations, the richest 1% owned a record-breaking 70% of England's wealth. Not surprisingly, this era saw the rise of a very different economic theorist: Karl Marx. [You can see this and many other graphs here.] But does capitalism have to increase inequality? If so, why was the golden age of American capitalism an era of rapidly decreasing inequality? Was this “Great Levelling” a natural product of capitalist development, as theorised by Simon Kuznets? Or was it a historical anomaly resulting from the two world wars and political interventions, as argued by Thomas Piketty? Yet more questions emerge if we take a more global outlook. Was the Great Levelling within rich countries but a veil behind which they plundered the Global South, making capitalism an inherent engine of global inequality? If so, why has global inequality reduced during the recent era of globalised capitalism? There are very few people who can judge these questions with the same nuance and understanding as Branko Milanović. Milanović is a leading scholar of global inequality. But he is also a particularly sensitive commentator on capitalism. Born in communist Yugoslavia, Milanović has a rare ability to look at capitalism from an arms-length, without indoctrinated faith but also with a deep appreciation of the limits of its alternatives. I hope you enjoy our conversation! VISUAL DATA We discuss a lot of numbers in this episode. You can find a lot of relevant graphs in my Substack post: https://onhumans.substack.com/p/the-evolution-of-inequality-under To follow Milanović's own work, and get a lot of more graphs, see his many books and his blog "Global Inequality" at https://branko2f7.substack.com/ SUPPORT I hope you enjoy the conversation. If you do, consider becoming a supporter of On Humans on Patreon.com/OnHumans. MENTIONS Names: Karl Marx, Alexis de Tocqueville, Brad DeLong (see episode 18 & season 1 highlights), Simon Kuznets, Arthur Berns, Thomas Piketty, Gabriel Zucman, Emmanuel Saez, Jason Hickel, François Quesnay, Adam Smith, David Ricardo, Vilfredo Pareto Names: Gini coefficient, Kuznets-curve, Mondragon (a Spanish cooperative), homoploutia (when the rich both own capital and work for an income) Books: Visions of Inequality (Milanovic), Capital (Marx), Capital in the 21st Century (Piketty), Global Inequality (Milanovic), Capitalism, Alone (Milanovic)
Czy koszty wydobycia kształtują ceny złota? Czy ceny złota kształtują koszty wydobycia? Zobacz prelekcję, którą wygłosił Patryk Dudziński podczas #MetalVerse 4.0
Here, we discuss the theories of David Ricardo and Bertil Ohlin, two classical (bourgeois) economists who popularized conceptions of comparative advantage related to the international division of labor to justify imperialism. We discuss how Unequal Exchange theory rebukes these notions and reveals the imperialism of "comparative advantage" and trade.Texts we discussed: https://www.marxists.org/reference/subject/economics/ricardo/tax/ch07.htmhttps://books.google.com/books/about/Interregional_and_International_Trade.html?id=MU1CAAAAIAAJ --- Support this podcast: https://podcasters.spotify.com/pod/show/unequalexchange/support
In this week's Libertarian Angle, Jacob and Richard discuss the significance of the classical economist David Ricardo. Please subscribe to our email newsletter FFF Daily here.
"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showing just how much views have varied among ages and societies. Indeed, Milanovic argues, we cannot speak of "inequality" as a general concept: any analysis of it is inextricably linked to a particular time and place. Visions of Inequality: From the French Revolution to the End of the Cold War (Harvard UP, 2023) takes us from Quesnay and the physiocrats, for whom social classes were prescribed by law, through the classic nineteenth-century treatises of Smith, Ricardo, and Marx, who saw class as a purely economic category driven by means of production. It shows how Pareto reconceived class as a matter of elites versus the rest of the population, while Kuznets saw inequality arising from the urban-rural divide. And it explains why inequality studies were eclipsed during the Cold War, before their remarkable resurgence as a central preoccupation in economics today. Meticulously extracting each author's view of income distribution from their often voluminous writings, Milanovic offers an invaluable genealogy of the discourse surrounding inequality. These intellectual portraits are infused not only with a deep understanding of economic theory but also with psychological nuance, reconstructing each thinker's outlook given what was unknowable to them within their historical contexts and methodologies. Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showing just how much views have varied among ages and societies. Indeed, Milanovic argues, we cannot speak of "inequality" as a general concept: any analysis of it is inextricably linked to a particular time and place. Visions of Inequality: From the French Revolution to the End of the Cold War (Harvard UP, 2023) takes us from Quesnay and the physiocrats, for whom social classes were prescribed by law, through the classic nineteenth-century treatises of Smith, Ricardo, and Marx, who saw class as a purely economic category driven by means of production. It shows how Pareto reconceived class as a matter of elites versus the rest of the population, while Kuznets saw inequality arising from the urban-rural divide. And it explains why inequality studies were eclipsed during the Cold War, before their remarkable resurgence as a central preoccupation in economics today. Meticulously extracting each author's view of income distribution from their often voluminous writings, Milanovic offers an invaluable genealogy of the discourse surrounding inequality. These intellectual portraits are infused not only with a deep understanding of economic theory but also with psychological nuance, reconstructing each thinker's outlook given what was unknowable to them within their historical contexts and methodologies. Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history
"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showing just how much views have varied among ages and societies. Indeed, Milanovic argues, we cannot speak of "inequality" as a general concept: any analysis of it is inextricably linked to a particular time and place. Visions of Inequality: From the French Revolution to the End of the Cold War (Harvard UP, 2023) takes us from Quesnay and the physiocrats, for whom social classes were prescribed by law, through the classic nineteenth-century treatises of Smith, Ricardo, and Marx, who saw class as a purely economic category driven by means of production. It shows how Pareto reconceived class as a matter of elites versus the rest of the population, while Kuznets saw inequality arising from the urban-rural divide. And it explains why inequality studies were eclipsed during the Cold War, before their remarkable resurgence as a central preoccupation in economics today. Meticulously extracting each author's view of income distribution from their often voluminous writings, Milanovic offers an invaluable genealogy of the discourse surrounding inequality. These intellectual portraits are infused not only with a deep understanding of economic theory but also with psychological nuance, reconstructing each thinker's outlook given what was unknowable to them within their historical contexts and methodologies. Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/intellectual-history
"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showing just how much views have varied among ages and societies. Indeed, Milanovic argues, we cannot speak of "inequality" as a general concept: any analysis of it is inextricably linked to a particular time and place. Visions of Inequality: From the French Revolution to the End of the Cold War (Harvard UP, 2023) takes us from Quesnay and the physiocrats, for whom social classes were prescribed by law, through the classic nineteenth-century treatises of Smith, Ricardo, and Marx, who saw class as a purely economic category driven by means of production. It shows how Pareto reconceived class as a matter of elites versus the rest of the population, while Kuznets saw inequality arising from the urban-rural divide. And it explains why inequality studies were eclipsed during the Cold War, before their remarkable resurgence as a central preoccupation in economics today. Meticulously extracting each author's view of income distribution from their often voluminous writings, Milanovic offers an invaluable genealogy of the discourse surrounding inequality. These intellectual portraits are infused not only with a deep understanding of economic theory but also with psychological nuance, reconstructing each thinker's outlook given what was unknowable to them within their historical contexts and methodologies. Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices
"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showing just how much views have varied among ages and societies. Indeed, Milanovic argues, we cannot speak of "inequality" as a general concept: any analysis of it is inextricably linked to a particular time and place. Visions of Inequality: From the French Revolution to the End of the Cold War (Harvard UP, 2023) takes us from Quesnay and the physiocrats, for whom social classes were prescribed by law, through the classic nineteenth-century treatises of Smith, Ricardo, and Marx, who saw class as a purely economic category driven by means of production. It shows how Pareto reconceived class as a matter of elites versus the rest of the population, while Kuznets saw inequality arising from the urban-rural divide. And it explains why inequality studies were eclipsed during the Cold War, before their remarkable resurgence as a central preoccupation in economics today. Meticulously extracting each author's view of income distribution from their often voluminous writings, Milanovic offers an invaluable genealogy of the discourse surrounding inequality. These intellectual portraits are infused not only with a deep understanding of economic theory but also with psychological nuance, reconstructing each thinker's outlook given what was unknowable to them within their historical contexts and methodologies. Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/european-studies
"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showing just how much views have varied among ages and societies. Indeed, Milanovic argues, we cannot speak of "inequality" as a general concept: any analysis of it is inextricably linked to a particular time and place. Visions of Inequality: From the French Revolution to the End of the Cold War (Harvard UP, 2023) takes us from Quesnay and the physiocrats, for whom social classes were prescribed by law, through the classic nineteenth-century treatises of Smith, Ricardo, and Marx, who saw class as a purely economic category driven by means of production. It shows how Pareto reconceived class as a matter of elites versus the rest of the population, while Kuznets saw inequality arising from the urban-rural divide. And it explains why inequality studies were eclipsed during the Cold War, before their remarkable resurgence as a central preoccupation in economics today. Meticulously extracting each author's view of income distribution from their often voluminous writings, Milanovic offers an invaluable genealogy of the discourse surrounding inequality. These intellectual portraits are infused not only with a deep understanding of economic theory but also with psychological nuance, reconstructing each thinker's outlook given what was unknowable to them within their historical contexts and methodologies. Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices
(0:00) Title (0:14) 3 Opening Quotes (1:28) Lies (2:22) Truth (3:17) Technology (6:30) Markets (13:34) The Techno-Capital Machine (16:04) Intelligence (18:25) Energy (21:39) Abundance (25:10) Not Utopia, but Close Enough (26:04) Becoming Technological Supermen (28:46) Technological Values (32:43) The Meaning of Life (34:04) The Enemy (39:40) The Future (40:40) Patron Saints of Techno-Optimism We believe: growth is progress. everything good is downstream of growth. not growing is stagnation. technology is a lever on the world. this is the story of the material development of our civilization. this is why our descendents will live in the stars. that there is no material problem that cannot be solved with more technology. free markets are the most effective way to organize a technological economy. the market economy is a discovery machine, a form of intelligence. Hayek's Knowledge Problem overwhelms any centralized economic system. in market discipline. markets lift people out of poverty. markets are an inherently individualistic way to achieve superior collective outcomes. markets do not require people to be perfect, or even well intentioned. the ultimate moral defense of markets is that they divert people who otherwise would raise armies and start religions into peacefully productive pursuits. markets, to quote Nicholas Stern, are how we take care of people we don't know. markets are the way to generate societal wealth for everything else we want to pay for. there is no conflict between capitalist profits and a social welfare system that protects the vulnerable. central economic planning elevates the worst of us and drags everyone down; markets exploit the best of us to benefit all of us. central planning is a doom loop; markets are an upward spiral. in David Ricardo's concept of comparative advantage – as distinct from competitive advantage. a market sets wages as a function of the marginal productivity of the worker. in Milton Friedman's observation that human wants and needs are infinite. markets also increase societal well being by generating work in which people can productively engage. technological change, far from reducing the need for human work, increases it. that since human wants and needs are infinite, economic demand is infinite, and job growth can continue forever. markets are generative, not exploitative; positive sum, not zero sum. the techno-capital machine of markets and innovation never ends, but instead spirals continuously upward. in accelerationism – the conscious and deliberate propulsion of technological development. the techno-capital machine is not anti-human. the cornerstone resources of the techno-capital upward spiral are intelligence and energy. intelligence is the ultimate engine of progress. intelligence is in an upward spiral. we are poised for an intelligence takeoff that will expand our capabilities to unimagined heights. Artificial Intelligence is our alchemy, our Philosopher's Stone. Artificial Intelligence is best thought of as a universal problem solver. Artificial Intelligence can save lives. any deceleration of AI will cost lives. in Augmented Intelligence just as much as we believe in Artificial Intelligence. Augmented Intelligence drives marginal productivity which drives wage growth which drives demand which drives the creation of new supply. energy should be in an upward spiral. energy need not expand to the detriment of the natural environment. a second energy silver bullet is coming – nuclear fusion. there is no inherent conflict between the techno-capital machine and the natural environment. technology is the solution to environmental degradation and crisis. a technologically stagnant society has limited energy at the cost of environmental ruin. we should place intelligence and energy in a positive feedback loop, and drive them both to infinity. we should use the feedback loop of intelligence and energy to make everything we want and need abundant.
"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showing just how much views have varied among ages and societies. Indeed, Milanovic argues, we cannot speak of "inequality" as a general concept: any analysis of it is inextricably linked to a particular time and place. Visions of Inequality: From the French Revolution to the End of the Cold War (Harvard UP, 2023) takes us from Quesnay and the physiocrats, for whom social classes were prescribed by law, through the classic nineteenth-century treatises of Smith, Ricardo, and Marx, who saw class as a purely economic category driven by means of production. It shows how Pareto reconceived class as a matter of elites versus the rest of the population, while Kuznets saw inequality arising from the urban-rural divide. And it explains why inequality studies were eclipsed during the Cold War, before their remarkable resurgence as a central preoccupation in economics today. Meticulously extracting each author's view of income distribution from their often voluminous writings, Milanovic offers an invaluable genealogy of the discourse surrounding inequality. These intellectual portraits are infused not only with a deep understanding of economic theory but also with psychological nuance, reconstructing each thinker's outlook given what was unknowable to them within their historical contexts and methodologies. Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showing just how much views have varied among ages and societies. Indeed, Milanovic argues, we cannot speak of "inequality" as a general concept: any analysis of it is inextricably linked to a particular time and place. Visions of Inequality: From the French Revolution to the End of the Cold War (Harvard UP, 2023) takes us from Quesnay and the physiocrats, for whom social classes were prescribed by law, through the classic nineteenth-century treatises of Smith, Ricardo, and Marx, who saw class as a purely economic category driven by means of production. It shows how Pareto reconceived class as a matter of elites versus the rest of the population, while Kuznets saw inequality arising from the urban-rural divide. And it explains why inequality studies were eclipsed during the Cold War, before their remarkable resurgence as a central preoccupation in economics today. Meticulously extracting each author's view of income distribution from their often voluminous writings, Milanovic offers an invaluable genealogy of the discourse surrounding inequality. These intellectual portraits are infused not only with a deep understanding of economic theory but also with psychological nuance, reconstructing each thinker's outlook given what was unknowable to them within their historical contexts and methodologies. Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices
"How do you see income distribution in your time, and how and why do you expect it to change?" That is the question Branko Milanovic imagines posing to six of history's most influential economists: François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets. Probing their works in the context of their lives, he charts the evolution of thinking about inequality, showing just how much views have varied among ages and societies. Indeed, Milanovic argues, we cannot speak of "inequality" as a general concept: any analysis of it is inextricably linked to a particular time and place. Visions of Inequality: From the French Revolution to the End of the Cold War (Harvard UP, 2023) takes us from Quesnay and the physiocrats, for whom social classes were prescribed by law, through the classic nineteenth-century treatises of Smith, Ricardo, and Marx, who saw class as a purely economic category driven by means of production. It shows how Pareto reconceived class as a matter of elites versus the rest of the population, while Kuznets saw inequality arising from the urban-rural divide. And it explains why inequality studies were eclipsed during the Cold War, before their remarkable resurgence as a central preoccupation in economics today. Meticulously extracting each author's view of income distribution from their often voluminous writings, Milanovic offers an invaluable genealogy of the discourse surrounding inequality. These intellectual portraits are infused not only with a deep understanding of economic theory but also with psychological nuance, reconstructing each thinker's outlook given what was unknowable to them within their historical contexts and methodologies. Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day
Témoin engagé de son temps, analyste impartial, David Ricardo assiste à la naissance de la société capitaliste dont il dissèque le fonctionnement, les limites, les opportunités et les contradictions dans son œuvre maîtresse Principes, qui va refonder l'économie politique. Son œuvre eut un impact fondamental sur la pensée de plusieurs économistes parmi les plus importants, qu'ils en furent les soutiens, tel Malthus, ou les adversaires, comme Marx ou Keynes. Nicolas Buat, archiviste paléographe et conservateur général du patrimoine, déjà auteur d'un essai remarqué sur John Law, nous en dresse le portrait et rend accessible à tous la pensée toujours surprenante du « prince de l'économie ».
------------------Support the channel------------ Patreon: https://www.patreon.com/thedissenter PayPal: paypal.me/thedissenter PayPal Subscription 3 Dollars: https://tinyurl.com/ybn6bg9l PayPal Subscription 5 Dollars: https://tinyurl.com/ycmr9gpz PayPal Subscription 10 Dollars: https://tinyurl.com/y9r3fc9m PayPal Subscription 20 Dollars: https://tinyurl.com/y95uvkao ------------------Follow me on--------------------- Twitter: https://twitter.com/TheDissenterYT This show is sponsored by Enlites, Learning & Development done differently. Check the website here: http://enlites.com/ Dr. Branko Milanović is Presidential Professor at the Graduate Center and a senior fellow at the Stone Center on Socio-Economic Inequality at The City University of New York (CUNY). Dr. Milanović's main area of work is income inequality, in individual countries and globally, as well as historically, among pre-industrial societies (Roman Empire, Byzantium, and France before the Revolution), and even inequality in soccer. His latest book is Visions of Inequality: From the French Revolution to the End of the Cold War. In this episode, we focus on Visions of Inequality. We start by talking about how long people have been thinking about economic inequality, and the elements of the best income distribution studies. We then go through the work of authors like François Quesnay, Adam Smith, David Ricardo, Karl Marx, Vilfredo Pareto, and Simon Kuznets, and how there was a natural progression across them. We discuss how and why studies of income distribution went into retreat during the Cold War era; the rise of neoliberalism and its consequences; and what led to the revival of economic studies. We also talk about a recent expansion in our understanding of the dynamics of inequality, with race and gender inequality. Finally, we discuss Dr. Milanović's goals with this book. -- A HUGE THANK YOU TO MY PATRONS/SUPPORTERS: PER HELGE LARSEN, JERRY MULLER, HANS FREDRIK SUNDE, BERNARDO SEIXAS, OLAF ALEX, ADAM KESSEL, MATTHEW WHITINGBIRD, ARNAUD WOLFF, TIM HOLLOSY, HENRIK AHLENIUS, JOHN CONNORS, FILIP FORS CONNOLLY, DAN DEMETRIOU, ROBERT WINDHAGER, RUI INACIO, ZOOP, MARCO NEVES, COLIN HOLBROOK, PHIL KAVANAGH, MIKKEL STORMYR, SAMUEL ANDREEFF, FRANCIS FORDE, TIAGO NUNES, FERGAL CUSSEN, HAL HERZOG, NUNO MACHADO, JONATHAN LEIBRANT, JOÃO LINHARES, STANTON T, SAMUEL CORREA, ERIK HAINES, MARK SMITH, JOÃO EIRA, TOM HUMMEL, SARDUS FRANCE, DAVID SLOAN WILSON, YACILA DEZA-ARAUJO, ROMAIN ROCH, DIEGO LONDOÑO CORREA, YANICK PUNTER, ADANER USMANI, CHARLOTTE BLEASE, NICOLE BARBARO, ADAM HUNT, PAWEL OSTASZEWSKI, NELLEKE BAK, GUY MADISON, GARY G HELLMANN, SAIMA AFZAL, ADRIAN JAEGGI, PAULO TOLENTINO, JOÃO BARBOSA, JULIAN PRICE, EDWARD HALL, HEDIN BRØNNER, DOUGLAS FRY, FRANCA BORTOLOTTI, GABRIEL PONS CORTÈS, URSULA LITZCKE, SCOTT, ZACHARY FISH, TIM DUFFY, SUNNY SMITH, JON WISMAN, DANIEL FRIEDMAN, WILLIAM BUCKNER, PAUL-GEORGE ARNAUD, LUKE GLOWACKI, GEORGIOS THEOPHANOUS, CHRIS WILLIAMSON, PETER WOLOSZYN, DAVID WILLIAMS, DIOGO COSTA, ANTON ERIKSSON, CHARLES MOREY, ALEX CHAU, AMAURI MARTÍNEZ, CORALIE CHEVALLIER, BANGALORE ATHEISTS, LARRY D. LEE JR., OLD HERRINGBONE, STARRY, MICHAEL BAILEY, DAN SPERBER, ROBERT GRESSIS, IGOR N, JEFF MCMAHAN, JAKE ZUEHL, BARNABAS RADICS, MARK CAMPBELL, TOMAS DAUBNER, LUKE NISSEN, CHRIS STORY, KIMBERLY JOHNSON, BENJAMIN GELBART, JESSICA NOWICKI, LINDA BRANDIN, NIKLAS CARLSSON, ISMAËL BENSLIMANE, GEORGE CHORIATIS, VALENTIN STEINMANN, PER KRAULIS, KATE VON GOELER, ALEXANDER HUBBARD, LIAM DUNAWAY, BR, MASOUD ALIMOHAMMADI, PURPENDICULAR, JONAS HERTNER, URSULA GOODENOUGH, GREGORY HASTINGS, DAVID PINSOF, AND SEAN NELSON! A SPECIAL THANKS TO MY PRODUCERS, YZAR WEHBE, JIM FRANK, ŁUKASZ STAFINIAK, TOM VANEGDOM, BERNARD HUGUENEY, CURTIS DIXON, BENEDIKT MUELLER, THOMAS TRUMBLE, KATHRINE AND PATRICK TOBIN, JONCARLO MONTENEGRO, AL NICK ORTIZ, AND NICK GOLDEN! AND TO MY EXECUTIVE PRODUCERS, MATTHEW LAVENDER, SERGIU CODREANU, BOGDAN KANIVETS, AND ROSEY!
Everybody knows that the name of the Scottish Play must not be pronounced in the theatre, but do you know the origin of this superstition? Geoff Lumb reveals it in this episode of Share Drama, first broadcast on 9th April 2015, together with Amelia's thoughts on the matter. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this first episode of a new series, we break down Arghiri Emmanuel's "Unequal Exchange" chapter by chapter, beginning first with the Introduction. We discuss how Emmanuel critiques David Ricardo's comparative advantage theory and the Heckscher-Ohlin Theorem, and extends Marx's analysis of value to an international level. Thanks for watching! To support our work, considering becoming a Patron: patreon.com/ArghiriEmmanuelAssociation --- Support this podcast: https://podcasters.spotify.com/pod/show/unequalexchange/support
Excertos dos capítulos VIII e XVII dos Princípios de Economia Política e de Tributação (1817), do economista e político britânico David Ricardo (1772-1823). Ler na Biblioteca: https://maisliberdade.pt/biblioteca/sobre-os-impostos-e-a-divida-publica/ Narração: Mário Redondo.
Thomas Carlyle, the Scottish writer and philosopher, called economics the dismal science. I don't know if you'll agree but having read economics textbooks, I certainly think they're dismal. They're filled with unnecessary complexity, pointless jargon and theories that have been dead and buried for decades. While economics as a discipline has progressed, the textbooks used today are stuck in the dark ages. Then I came across Macroeconomics: An Introduction by Alex M Thomas and I regretted not having this as my textbook when I was studying. Though it's meant to be a textbook, it doesn't read like one. It's a brilliant book that weaves classical economic theories with excerpts from wide-ranging Indian literature to highlight the structural, social and cultural complexities of the Indian economy. It's one of the very few books to do so. Apart from just making macroeconomics more relatable Alex introduces an alternative approach to understanding macroeconomics, which questions the dominant (marginalist) approach. This alternate approach is inspired by the works of the old masters like Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, and Piero Sraffa. I learnt a lot while recording the podcast. I hope you enjoy listening to the conversation as much as I enjoyed recording it. Link to the book: https://www.amazon.in/Macroeconomics-Introduction-Alex-M-Thomas/dp/1108731996 1:27 - About Alex M Thomas 4:51 - What is political economy? 6:35 - Theory of interest rates 10:11- Why should you read this book? 11:29 - The problem with economic teaching 14:41 - How is this book different? 15:41 - The dominant (marginalist) approach 18:57 - How to approach economics 22:32 - The economy as an embedded system 26:10 - Theory of wages 29:52 - Marginalist theory in policymaking 34:15 - Theory of money 44:15 - Modern monetary theory You can read the full episode transcript here. If you have any questions or thoughts about the topics in the conversation, post them on TradingQnA. If you enjoyed listening to this episode, do let us know @zerodhaonline on Twitter.
Selfmade-Wissenschaftler, Börsenmakler, Multimillionär und ein Urvater der Volkswirtschaftslehre: David Ricardo. (BR 2018)
Fill The Gap Live: Investment Management Trends at an Inflection PointInterview recorded Live at CMT APAC Summit 2022 in Mumbai India on Nov 5, 2022In this live installment of Fill the Gap, the official podcast of the CMT Association, global money management veterans share how they use technical analysis in their trend following investment process for market outperformance over the long run.With front row seats to the evolution of equity markets for more than three decades, Atul Suri and David Lundgren, CMT, CFA have learned many lessons managing returns over multiple market cycles. They will discuss the strategies used in their respective funds and unpack the objectives of trend following including how to identify, engage, and stay in trending securities by utilizing the tools of technical analysis.As an investment style, trend following has existed for a very long time. Some 200 years ago, the classical economist David Ricardo's imperative to “cut short your losses” and “let your profits run on” suggested an attention to trends. Early in the last century, the legendary American trader Jesse Livermore stated explicitly that the “big money was not in the individual fluctuations but in … sizing up the entire market and its trend.” Understanding that the market is efficient, but also trends, confirms how technical analysis can help investors uncover attractive investment opportunities. Leading, coincident, and lagging indicators of trend change as well as Relative Strength will give the audience a clear perspective on how they might incorporate technical analysis into their own investment process.Fill the Gap, hosted by David Lundgren, CMT, CFA and Tyler Wood, CMT brings veteran market analysts and money managers onto a monthly podcast. Join us in conversation with the men and women of Wall St. who discovered, engineered, and refined the discipline of technical market analysis to improve your own investment decision making and approach to markets.For complete show notes of every episode, visit: https://cmtassociation.org/development/podcasts/
Joe Gulesserian is an entrepreneur and published author of the Practical MBA book series. The pages of the Practical MBA bring to light the roots of our economic order of today, and help explain the world around us, how we arrived here, and what might lie ahead. It is comprehensive, fast-paced, making for magnificent theatre, full of spills and chills, from stock market crashes to sovereign debt default, to the 1944 Bretton Woods reset, the IMF, the WTO, U.S. Dollar reserve, and mercantilism. Through his book, we come to meet the economic thinkers that shape our world today from Adam Smith, Richard Cantillon, John Maynard Keynes, David Ricardo, Murray Rothbard, and Milton Friedman. After earning his MBA from Edinburgh Business School in the U.K., Joe taught Corporate Finance, Capital Markets, Statistics and marketing, as an adjunct professor at Toronto colleges. You can follow Joe Gulesserian and purchase his book at PracticalMBA.ca.***Follow the Greg Krino Show here...GregKrino.comYouTubeInstagramFacebookTwitterLinkedInIf you enjoyed the podcast, please leave a 5-star rating and friendly comment on your podcast app. It takes only a minute, and it really helps convince popular guests to join me.If you have comments or ideas for the show, please contact me at gregkrinoshow@gmail.com.
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Rhodri Davies on why he's not an EA, published by Sanjay on August 18, 2022 on The Effective Altruism Forum. Rhodri Davies is a smart, reasonable, and well-respected commentator on philanthropy. Many people who follow charity and philanthropy in the UK (outside of EA) are familiar with his blog. He also has a background in maths and philosophy at Oxford (if I remember correctly) so he's exactly the sort of person that EA might attract, so it should be of interest to the EA movement to know why he didn't want to sign up. The critique that I most liked was the one entitled "Is EA just another in a long line of attempts to “rationalise” philanthropy?" I've copied and pasted it below. Rhodri has spent a lot of time thinking about the history of philanthropy, so his perspective is really valuable. Is EA just another in a long line of attempts to “rationalise” philanthropy? The dose of historical perspective at the end of the last section brings me to another one of my issues with EA: a nagging suspicion that it is in fact just another in a very long line of efforts to make philanthropy more “rational” or “effective” throughout history. The C18th and early C19th, for instance, saw efforts to impose upon charity the principles of political economy (the precursor to modern economics which focused on questions of production, trade and distribution of national wealth – as exemplified in the work of writers such as Adam Smith, Thomas Malthus and David Ricardo). Then in the C19th and early C20th the Charity Organisation Society and Scientific Philanthropy movements waged war on the perceived scourge of emotionally driven “indiscriminate giving”. Charity Organization Society, by Henry Tonks 1862-1937. (Made available by the Tate Gallery under a CC 3.0 license http://www.tate.org.uk/art/work/T11004) This perhaps bothers me more than most people because I spend so much of my time noodling around in the history of philanthropy. It also isn't a reason to dismiss EA out of hand: the fact that it might have historical precedents doesn't invalidate it, it just means that we should be more critical in assessing claims of novelty and uniqueness. It also suggests to me that there would be value in providing greater historical context for the movement and its ideas. Doing so may well show that EA is genuinely novel in at least some regards (the idea of total cause agnosticism, for instance, is something that one might struggle to find in previous attempts to apply utilitarian thinking to philanthropy). But the other thing the history of philanthropy tends to show is that everyone thinks at the time that their effort to make giving “better” or “more rational” is inherently and objectively right, and it is often only with the benefit of hindsight that it becomes clear quite how ideologically driven and of their time they actually are. For my money, it is still an open question as to whether future historians will look back on EA in the same way that we look back on the Charity Organisation movement today. The other thing that historical perspective brings is the ability to trace longer-term consequences. And this is particularly important here, because efforts to make charity more “rational” have historically had an unfortunate habit of producing unintended consequences. The “scientific philanthropy” movement of the early 20th century, for instance (which counted many of the biggest donors and foundations of the era among its followers) had its roots in the 19th century charity organisation societies, which were primarily concerned with addressing inefficiency and duplication of charitable effort at a local level, and ensuring that individual giving was sufficiently careful to distinguish between ‘deserving' and undeserving' cases (as outlined further in this previous article). Over time, how...
My guest today is Larry Hite, a hedge fund manager, who, along with those like Ed Seykota, is one of the forefathers of system trading. He has been profiled and recognized as one of the best in the industry in numerous major international publications. He co-founded Mint Investments in 1981. By 1990, Mint had become the largest Commodity Trading Advisor in the world in terms of assets under management. In 1990, Jack Schwager dedicated a chapter of his bestselling book, Market Wizards to Hite's trading and risk management philosophy. The topic is Trend Following. In this episode of Trend Following Radio we discuss: “Don't bet your deli to win a pickle.” Crypto and trend following The asymmetric option of David Ricardo's golden rules Buy, sell, and bet the correct way A system where you cut your losses and let your winners run on The historic trend following performance of 2022 Larry's dyslexia Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
My guest today is Larry Hite, a hedge fund manager, who, along with those like Ed Seykota, is one of the forefathers of system trading. He has been profiled and recognized as one of the best in the industry in numerous major international publications. He co-founded Mint Investments in 1981. By 1990, Mint had become the largest Commodity Trading Advisor in the world in terms of assets under management. In 1990, Jack Schwager dedicated a chapter of his bestselling book, Market Wizards to Hite's trading and risk management philosophy. The topic is Trend Following. In this episode of Trend Following Radio we discuss: “Don't bet your deli to win a pickle.” Crypto and trend following The asymmetric option of David Ricardo's golden rules Buy, sell, and bet the correct way A system where you cut your losses and let your winners run on The historic trend following performance of 2022 Larry's dyslexia Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
Excertos dos "Princípios de Economia Política e de Tributação" (1817), de David Ricardo, onde o famoso economista britânico introduz o importante conceito das vantagens comparativas, dando assim importantes passos para a sustentação científica do comércio livre e da paz entre os povos. Narração: Mário Redondo. Ler na Biblioteca: https://maisliberdade.pt/biblioteca/sobre-o-comercio-externo-e-a-vantagem-comparativa/
En este nuevo episodio charlamos con Cande Botto, economista y coordinadora de Ecofeminita, sobre algo que a nosotrxs nos parece re difícil y Cande lo explica súper claro: la economía. ¿Por qué demonios no se imprime más plata y ya? ¿Cómo es eso de la deuda con el FMI? ¿Hay que ahorrar en criptos? Si querés llevarte mucha datita piola, escuchá el episodio bebé. Gracias a Solbi por la edición, a Nico Di Corrado por el outro musical y a Adam Smith y David Ricardo por la teoría económica clásica.
Please consider becoming a supporter on Patreon. Your support helps pay for the audio hosting service, the website, research materials, and other costs of delivering the podcast. Plus there are special perks available only to Patreon supporters, including footnotes, book reviews, special recognition, and more.Visit https://www.patreon.com/indrevpod today. Thank you!This week we discuss the so-called “Classical” school of economics, and the various ideas about capitalism, free trade, and labor during that period. In particular, we'll be discussing the lives and works of Jean-Baptiste Say, David Ricardo, John Stuart Mill, the guys who influenced them, and the guys they influenced in turn.
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