In this paper we combine the classical analysis of luxury consumption with the classical
theories of development and growth. We also focus on the role played, within classical …

In the aftermath of the Napoleonic Wars Britain found itself faced with a stagnant economy.
Economist David Ricardo believed that the full re-integration of Britain into the world market …

The concept of sustainable growth has undergone significant changes in recent years,
driven by increasing global challenges. The sustainability of economic growth has evolved …

We analyse international trade in a Pasinetti–Ricardo growth model in the world economy
scenario in which several small trading countries coexist and international commodity prices …

In his 1814–15 correspondence with Malthus and in his Essay on Profits, Ricardo
championed the free importation of wage goods as a highly effective growth-enhancing …

In this paper we analyse how the distribution of land property rights affects industrial takeoff
and aggregate income through its impact on effective demand. We apply a modified version …

Malthus's main economic argument against free corn trade in his Essay on Population
concerned the issue of structural change triggered by international trade. Malthus claimed …

[Ricardo] retained the important operative principle that in any given social and cultural
environment there is a'natural rate of wages' at which alone population could remain …

Nicholas Kaldor's RES paper is the starting point of two traditions in the modern theory of
growth and distribution. One is the Keynesian theory-subsequently christened as Post …

This paper investigates how the distribution of land property rights affects industrial take-off
and aggregate income through the demand side. We study a stylized two sectors economy …