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In my opinion, the formerly well-written article has been spoiled by the dozens of recent changes by hellomondo and reformeconomist. Both argue from a socialist POV and try to degrade an important economist. I have no administrative rights but suggest to undo their changes and to ban them.--Boarder89 (talk) 15:43, 7 October 2013 (UTC)
Hellomondo, following reformeconmist, is still working exclusively on this article. In my opinion this is one and the same person. Perhaps Alexis Tsipras? Article is certainly no more class C.--Herbert81 (talk) 11:04, 12 June 2014 (UTC)
Wrongly imputing crimes on Ricardo
Please check these changes, https://en.wikipedia.org/w/index.php?title=David_Ricardo&oldid=605930570&diff=prev. Ricardo used information to act in the market, which is exactly what traders do today. There is actually a very profitable market for financial news, because traders need news to work. The statement that Ricardo would be prosecuted today should be backed or crossed out, in my opinion. "Inside information" is infomation you have that only you could have obtained, because you are part of a company or know people who are. Going to the front line and seeing what's going on is not inside information. — Preceding unsigned comment added by Paith (talk • contribs) 12:28, 28 April 2014 (UTC) --HeloPait (talk) 12:30, 28 April 2014 (UTC)
The whole inside trading thing looks questionable to me. I haven't had time to google it sufficiently but from blogs (1) it looks like the original source is an anecdote by Samuelson, probably from someplace in his published papers. (2) there seems to be some historical debate on whether Ricardo was what we now would think of as an inside trader, with Norman J. Silberling taking the pro case. (3) I agree with Paith above that in my personal opinion, having a messenger relay information would not be understood as inside trading today, nor would it lead to prosecution. (I don't know about selling on the news). (4) Most biographies of Ricardo don't state that he bought significantly after Waterloo, but that he became rich by buying Britain bonds 4 days before Waterloo and holding them. I'll try to get around to doing a more thorough job, but IMHO, the whole inside trading paragraph is unsourced and could go. TheronJ (talk) 14:04, 7 July 2015 (UTC)
Dr. Meacci's comment on this article
Dr. Meacci has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
Ricardo’s entry, as submitted to my attention, is less satisfactory than Adam Smith’s.
To begin with, my suggestion is to alter the order of “Contributions” as set out in the front page as follows: labour theory of value, law of diminishing returns to land, theory of wages, profits and rents, comparative advantage, Say’s law; Ricardian equivalence. I would then restructure the presentation of Ricardo’s system of thought according to the following sections: (1) Labour theory of value; (2) Law of diminishing returns to land; (3) Theory of distribution (to be subdivided, after a brief introduction, into 3a. Ricardo vs. Smith and Malthus on rent; 3b. Rent-profit inverse relationship; 3c. Wage-profit inverse relationship); (4) Machinery question; (5) Comparative advantage; (6) Say’s law; (7) Ricardian equivalence. P.S.1 In addition to the suggestions made above with regard to Adam Smith, I would here suggest to re-write the section (and subsections) on “Ricardo’s influence”. I would also suggest to replace the year of publication of the Principles’ final edition (which is not 1817 but 1821) and I would also recommend a better summary of it at the end of the entry. Please, note that the machinery question is perhaps as widely known as the issue of comparative advantage but is missing in the text presented to me P.S.2. For a further discussion of the machinery chapter see Meacci F. “Further Reflections on the Machinery Question”, Contributions to Political Economy, 1998, Vol.17, pp 21-37; and, for a brief summary, Meacci F., Machinery Question, The, in William A. Darity Jr (ed.), "International Encyclopedia of the Social Sciences", Vol.4, 2nd edition, Detroit, Macmillan Reference USA, 2008, pp.536-538.
We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.
We believe Dr. Meacci has expertise on the topic of this article, since he has published relevant scholarly research:
- Reference : Meacci, Ferdinando, 2010. "On Smith's ambiguities on value and wealth," MPRA Paper 28866, University Library of Munich, Germany.
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