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Barron on the Ricardo Effect

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04/03/2014

Mark Thornton writes: Patrick Barron on Redmond Weissenberger’s podcast Better Red than Dead, on The Ricardo Effect.  Like Say’s Law, it's another piece of classical economics that is under-appreciated by modern Austrians.  Barron also makes the point that I had not heard before that there is a perverse Ricardo effect put into play by government intervention.

Ryan McMaken (@ryanmcmaken) is the editor of Mises Wire and The Austrian. Send him your article submissions, but read article guidelines first. Ryan has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

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