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Ricardian

  • a word derived from Ricardo.
    Ricardo
    noun
    David, 1772–1823, English economist.

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Within a year of each other, Joseph Schumpeter coined the term "Ricardian vice," which you mentioned earlier, and Milton Friedman launched his campaign to revive it as a cardinal virtue.

From Salon ● Feb. 1, 2025

What enabled Friedman to turn Ricardian vice back into a virtue?

From Salon ● Feb. 1, 2025

Oh and Reis’ model assumes Ricardian equivalence but includes two effects that suggest a positive impact from stimulative measures.

From Washington Post ● Aug. 24, 2011

Reductions in spending, according to a theory known as Ricardian equivalence, will do no harm because lower borrowing will automatically lead to higher private spending.

From BusinessWeek ● Jan. 28, 2011

This assumption, however, has been made quite impossible, not by the historical school, but by the criticism and analysis of economists in the direct line of the Ricardian succession.

From Encyclopaedia Britannica, 11th Edition, Volume 8, Slice 10 "Echinoderma" to "Edward" by Various

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