Ah, Ricardo. Did you know he was a stockbroker who made his fortune scamming clients and bought himself a peerage with the loot? Not relevant but a fun biograph

Ah, Ricardo. Did you know he was a stockbroker who made his fortune scamming clients and bought himself a peerage with the loot? Not relevant but a fun biographical detail. Anyhow his theory rests on assumptions that are nonsensical in today’s economy.[1] Instead we have “labor arbitrage” which is to say workers being displaced. [1] https://lawecommons.luc.edu/cgi/viewcontent.cgi?article=1674&context=facpubs https://lawecommons.luc.edu/cgi/viewcontent.cgi?article=1674...