Ricardo's Dream, How Economists Forgot the Real World and Led Us Astray
How Economists Forgot the Real World and Led Us Astray
Book •
Nat Dyer's "Ricardo's Dream" explores the life and theories of David Ricardo, a key figure in the development of economics.
The book delves into Ricardo's contributions, particularly his theory of comparative advantage, and its impact on globalization.
Dyer examines the historical context of Ricardo's work, highlighting its connection to power, empire, and slavery.
He critiques the tendency of economists to create abstract models disconnected from reality, arguing that this has led to significant problems.
The book ultimately calls for a more nuanced and realistic approach to economic theory.
The book delves into Ricardo's contributions, particularly his theory of comparative advantage, and its impact on globalization.
Dyer examines the historical context of Ricardo's work, highlighting its connection to power, empire, and slavery.
He critiques the tendency of economists to create abstract models disconnected from reality, arguing that this has led to significant problems.
The book ultimately calls for a more nuanced and realistic approach to economic theory.
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Morteza Hajizadeh
Nat Dyer, "Ricardo’s Dream: How Economists Forgot the Real World and Led Us Astray" (Bristol UP, 2024)
