Western Culture Global Presents The Top 100 Heroes of Western Culture These individuals have most contributed to replacing ignorance with knowledge, savagery with civilization, disease with health, tyranny with liberty, poverty with abundance, and despair with happiness. #62: David Ricardo (1772-1823) David Ricardo (1772-1823) was a British economist who identified the principle of comparative advantage. Comparative advantage explains how trade will result in increased production and wealth for all parties involved as long as they produce goods with different relative costs. In other words, comparative advantage shows that (free) trade is a requirement for prosperity, not a threat to it. (Free trade is a redundancy. The extent to which trade exists in the world, domestic or foreign, is the extent to which it is free trade, i.e., devoid of trade barriers.) Trade is a pillar of civilization. Ricardo’s identification of comparative advantage helps to promote trade and, consequently, civilization itself. Go to #63: William Harvey Top 100 Western Culture Heroes — Home Top 100 Western Culture Heroes — by Numerical Order Top 100 Western Culture Heroes — by Century Top 100 Western Culture Heroes — by Category
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