Ricardo was the son of a Dutch Jewish emigrant who was a prominent member of the London Stock Exchange. When only 14, Ricardo joined his father's business and became very successful in his own right, but left after family differences concerning religion. In 1810, he published The High Price of Bullion, a Proof of the Depreciation of Bank Notes, which was very well-received. During the outcry concerning the Corn Laws, he published Essay on the Influence of a Low Price of Corn on the Profits of Stock. In 1817, Ricardo published his principle work, Principles of Political Economy and Taxation. He entered Parliament in 1819, where he served until his death in 1823. |
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