Ricardo's Macroeconomics

"Davis has done a superb job of combining history of thought and economic history. We should have more studies like it." - Samuel Hollander, Ben Gurion University, Journal of Economic History "Timothy Davis has written a most important book... The first two chapters of Davis's book set out the cycle as seen by Ricardo; the book goes on to analyze his account of the major incidents of the postwar period and his contribution to Say's law of markets and his analysis of whether Britain was best characterized as being subject to Say's identity or Say's equation. Davis is a strong proponent of the view that Ricardo's analysis followed Say's equation, in which general gluts can occur, rather than Say's identity, where they cannot... Any future will need to take Davis's analysis of the important questions into account." - Walter Eltis, Oxford University, History of Political Economy "Timothy Davis has produced a well researched, well written and scholarly piece of work." - Terry Peach, Manchester University, History of Economic Thought and Methodology