The Future of Studies on Ricardo

Abstract

Future studies on Ricardo will clarify Ricardian politics as Milgate-Simson has done. Ricardo was not only an eminent economist but also a creative political scientist who advocated democracy on the basis of an analysis of class society. Other themes of studies in Ricardo will be to interpret his economic theory consistent with ‘labor value’ and ‘cost of production’ which are combined in Ricardo's writings. The key to the solution of this problem will be an accurate understanding of Ricardo's money theory.