What is David Ricardo's contribution?
A) He wrote books opposing the ideas of Adam Smith.
B) He was the founder of modern economics.
C) He argued in favour of Britain following a free-trade policy.
D) He wrote An Inquiry into the Nature and Causes of the Wealth of Nations.

Question

Quizplus · Accepted Answer

David Ricardo argued in favor of Britain following a free-trade policy. While he definitely made significant contributions to the field of economics, he was not the founder of modern economics (that title is often given to Adam Smith) and did not write An Inquiry into the Nature and Causes of the Wealth of Nations (that was also Adam Smith). While he did engage with Adam Smith's ideas, he did not write books solely opposing them.

What Is David Ricardo's Contribution