Colonies

Research output: Chapter in Book/Report/Conference proceedingEntry for encyclopedia/dictionary

Abstract

The entry discusses David Ricardo's three main analytical arguments related to the colonial issue: i) colonies as a source of new fertile land and therefore as a viable solution to the problem of decreasing returns on domestic land; ii) colonies as possible outlet markets able to absorb domestic excess supply; and, finally, iii) the effects of trade restrictions between a colony and its mother country.
Original languageEnglish
Title of host publicationThe Elgar Companion to David Ricardo
Pages65-68
Number of pages4
Publication statusPublished - 2015

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