Posts Tagged ‘David Ricardo’

  • Pleasing Ricardo

    Dec 24, 09 • 213 Views • Thinking EconomicallyNo Comments

    During the 1990s, ignoring the protests of horrified Italian cheesemakers, the US placed a tariff on Pecorino cheese. The reason was bananas. Favoring their former colonies, the EU taxed bananas coming from all other Latin American countries that were grown...  [read more]