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Is there a “Ricardian Vice”? And what is its relationship with economic policy ad“vice”?
Schumpeter chastised Ricardo for his alleged “vice” - the so-called “Ricardian Vice” - of drawing far reaching policy conclusions from utterly simplistic models, which, moreover, were underdetermined. The paper first argues that Schumpeter saw Ricardo’s approach to the theory of value and distributi...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Springer Berlin Heidelberg
2016
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5253719/ https://www.ncbi.nlm.nih.gov/pubmed/28163395 http://dx.doi.org/10.1007/s00191-016-0468-2 |