David Ricardo

In Our Time | 25 March 2021 | 0h 49m | Listen Later | iTunes
Melvyn Bragg and guests discuss the life and work of David Ricardo (1772 -1823). At a time when nations preferred to be self-sufficient, to produce all their own food and manufacture their own goods, and to find markets for export rather than import, Ricardo argued for free trade even with rivals for the benefit of all. He contended that existing economic policy unduly favoured landlords above all others and needed to change, and that nations would be less likely to go to war with their trading partners if they were more reliant on each other.