David Ricardo: the world’s greatest investors

published 28 October 2016

817-Ricardo-1200 — David Ricardo spread false rumours after the Battle of Waterloo

Ricardo was a political economist and, along with the likes of Adam Smith, one of the first major economic thinkers. He was a staunch opponent of the Corn Laws, which imposed restrictions and tariffs on imported grain and hence kept prices high. His theory of comparative advantage is still taught to economics students as one of the key reasons why free trade is good for society. Ricardo was also a successful investor.