Main definitions of Ricardian in English

: Ricardian1Ricardian2

Ricardian1

adjective

  • 1Relating to the time of any of three kings of England, Richard I, II, and III.

    • ‘The massive bronze statue of Richard in Westminster Palace Yard captures superbly the Ricardian qualities admired for centuries.’
    1. 1.1Of or holding the view that Richard III was a just king who was misrepresented by Shakespeare and other writers.

noun

  • A contemporary or supporter of Richard III.

    • ‘The danger from such ‘Ricardians ' led to Richard's own mysterious death in Pontefract Castle soon afterwards.’
    • ‘An even more striking case was that of Maud Ufford, the dowager Countess of Oxford, a devoted Ricardian who orchestrated opposition to Henry IV in Essex in 1403-4.’
    • ‘The Dean of Westminster has consistently turned down applications for the urn to be re-opened but the Ricardians hope for different response now.’
    • ‘Who better to whet the biographical appetite than the Shakespearean villain metamorphosed as hero by devoted ‘Ricardians’?’

Origin

From medieval Latin Ricardus Richard + -ian.

Pronunciation:

Ricardian

/riˈkärdēən/

Main definitions of Ricardian in English

: Ricardian1Ricardian2

Ricardian2

adjective

  • Relating to or denoting the doctrines of the political economist David Ricardo (1772–1823)

    • ‘Second, on an analytical level, George apparently never realized that there are really two Ricardian rent theories - one for the extensive margin and one for the intensive margin.’
    • ‘Moffat is not at all comfortable with George's explanation of the source of and rationale for interest, and he is even more disturbed with his unqualified acceptance of the Ricardian rent concept.’
    • ‘Moffat's repudiation of Ricardian principles extends, of course, to the Ricardian rent concept.’
    • ‘In all cases, the equity and financial case for land-value taxation must be juxtaposed to other considerations, however compelling the logic of Ricardian rent theory, and it is very compelling indeed.’
    • ‘But W-R-C reject this objection by breaking away from the classical Ricardian approach which postulates pregiven labour value from the physical production process.’
    • ‘The world is flat, and it helps to understand the Ricardian specialization at play, and how clusters of capabilities are not only a natural, but a good thing.’
    • ‘The bulk of the space is devoted to the rapidly expanding evidentiary base and to the discussion of ways in which markets and technology could overcome Malthusian, Ricardian, and Marxist constraints on economic development.’
    • ‘The Ricardian prediction that international trade would induce a diversified specialisation in certain products has been used to show that developing countries would become cheap raw material suppliers.’
    • ‘I critically examine the Ricardian theory of rent in a later section.’
    • ‘In his eyes George is a more faithful developer of Ricardian economics than even J. S. Mill.’
    • ‘Their paper argues that the correct attribution should be to Ricardo, with Marshall bringing forward in time the Ricardian tax incidence doctrine.’
    • ‘Mair and Damania found, however, in his Official Papers by Alfred Marshall evidence that he supported the Ricardian capital-in-general conclusion.’
    • ‘That is, the landlord's motive became not simply to increase his rents to collect his Ricardian surplus, nor simply to get increased rents through immediate increases in productivity.’
    • ‘These furs he shipped to London, returning with more musical instruments, in a scenario that seems a textbook example of Ricardian trade according to comparative advantage, as indeed do most of Astor's money making endeavors.’
    • ‘Carey was a critic of the deductive method of analysis and the Ricardian rent theory in particular.’
    • ‘Patrick O'Brien defends British monetary policy against its bullionist and Ricardian critics.’
    • ‘Although Stigler had no quarrel with the interpretation of Ricardian economics offered in such accounts, this left, as he pointed out to me, the obvious problem: Why did it ever succeed?’
    • ‘Malthus's elaboration of this central concept throughout his career, his insistence on the importance of demand in the determination of value, separates him from the mainstream of Ricardian thought and its labor theory of value.’
    • ‘Having discovered the origin of surplus value Marx was able to resolve one of the major problems upon which the Ricardian school had stumbled.’
    • ‘Alien finds that landlords generally collected Ricardian rent from enclosed farmers.’

noun

  • An adherent of the theories of David Ricardo.

Pronunciation:

Ricardian

/riˈkärdēən/