The Bullionist Controversy Revisited
重新审视李嘉图与桑顿、马尔萨斯关于贸易逆差原因的争论，认为当时真实贸易理论不成熟导致争论无解，而李嘉图后来因比较优势原理改变了立场。
The debate between Ricardo and Thornton and Malthus about the causes of balance of trade deficits is reexamined. It is argued that, given the state of real trade theory in the period, the debate could not have been resolved. With the discovery of the principle of comparative advantage Ricardo changed the views he had expressed during the controversy and implicitly repudiated the arguments he had used against Thornton and Malthus.