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Ricardo, David

(Encyclopedia)Ricardo, David, 1772–1823, British economist, of Dutch-Jewish parentage. At the age of 20 he entered business as a stockbroker and was so skillful in the management of his affairs that within five y...

Güiraldes, Ricardo

(Encyclopedia)Güiraldes, Ricardo rēkärˈdō gwērälˈdās [key], 1886–1927, Argentine writer. He spent his boyhood on a ranch where he learned the ways of the gauchos, later traveling to Europe. In his novels...

Palma, Ricardo

(Encyclopedia)Palma, Ricardo pälˈmä [key], 1833–1919, Peruvian scholar and author. Palma abandoned an active early career as a naval officer, journalist, and politician to achieve note as a historian with a b...

Martinelli, Ricardo

(Encyclopedia)Martinelli, Ricardo (Ricardo Alberto Martinelli Berrocal) 1952–, Panamanian business executive and political leader. The son of Italian immigrants, he became the head of a successful supermarket cha...

Lagos Escobar, Ricardo

(Encyclopedia)Lagos Escobar, Ricardo rēkärˈdō läˈgōs āskōbärˈ [key], 1938–, Chilean political leader. A lawyer and economist, he was an academic and served as secretary-general of the Univ. of Chile un...

Ricardo, Jorge Antonio

(Encyclopedia)Ricardo, Jorge Antonio, 1961–, Brazilian jockey, b. Rio de Janeiro. Riding in Brazil and Argentina, he has won the prestigious Gran Premio Latinoamericano five times. In 1993 he set a Brazilian reco...

value, in economics

(Encyclopedia)value, in economics, worth of a commodity in terms of other commodities, or in terms of money (see price). Value depends on both desirability and scarcity. The marginal theory of value, pioneered in t...

Malthus, Thomas Robert

(Encyclopedia)Malthus, Thomas Robert mălˈthəs [key], 1766–1834, English economist, sociologist, and pioneer in modern population study. A graduate of Cambridge, he was a professor at the East India College, Lo...

rent

(Encyclopedia)rent, in law, periodic payment by a tenant for the use of another's property. In economics, its meaning is more complex, but since the word rent means any income or yield from an object capable of pro...

balance of trade

(Encyclopedia)balance of trade, relation between the merchandise exports and imports of a country. The concept first became important in the 16th and 17th cent. with the growth of mercantilism. Mercantilist theoris...