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Discussion on “Mill and Ricardo: The Genesis of Comparative Advantage”

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200 Years of Ricardian Trade Theory
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Abstract

This chapter includes the discussion of the paper “Mill and Ricardo: The Genesis of Comparative Advantage” by Roy J. Ruffin (Chap. 9 of this book) and of the comments to this paper by Antonio Loprieno (Chap. 10 of this book). It is based on the transcription of the discussion. The session was chaired by Carsten Hefeker, Professor of Economic Policy at the University of Siegen. He has a PhD from the University of Konstanz.

Note: This chapter is based on a transcription of the discussion held at the Conference “Celebrating 200 Years of Ricardian Trade Theory” on May 12, 2017, at the University of Basel in Switzerland. The discussion in this Chap. 11 refers to the contents in Chaps. 9 and 10 of this book.

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Notes

  1. 1.

    Thweatt (1976).

  2. 2.

    Professor Emeritus of Economics, University of Basel.

  3. 3.

    Samuelson (1964).

  4. 4.

    Dornbusch (1976).

  5. 5.

    Mill (1844).

References

  • Dornbusch, R. (1976). Expectations and exchange rate dynamics. Journal of Political Economy, 84(6), 1161–1176.

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  • Mill, J. S. (1844). On the laws of interchange between nations. In Essays on some unsettled questions of political economy. London: John W. Parker.

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  • Ruffin, R. (2002). David Ricardo’s discovery of comparative advantage. History of Political Economy, 34(4), 727–748.

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  • Samuelson, P. A. (1964). Theoretical notes on trade problems. The Review of Economics and Statistics, 46, 145–154.

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  • Thweatt, W. O. (1976). James Mill and the early development of comparative advantage. History of Political Economy, 8(2), 207–234.

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Correspondence to Carsten Hefeker .

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Hefeker, C. (2017). Discussion on “Mill and Ricardo: The Genesis of Comparative Advantage”. In: Jones, R., Weder, R. (eds) 200 Years of Ricardian Trade Theory. Springer, Cham. https://doi.org/10.1007/978-3-319-60606-4_11

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