ppt课件-ricardo’stheoryofdistributionandgrowth.pptVIP

Ricardo’s Theory of Distribution and Growth David Ricardo (1772-1823) “To determine the laws which regulate this distribution, is the principal problem in Political Economy.” Ricardo’s Theory is Important for the Following Reasons: Provides us with vision of the future Explains why in Ricardo’s view investment opportunities decline Explains in simple terms the reason for rent Historical Backdrop: Corn Laws Corn Laws imposed a tariff on the importation of agricultural products British Parliament was dominated by the landowning classes Distribution and Production Ricardo sought to show how chang