The economics of development: A review article

It is a common misunderstanding that nineteenth-century German economics rejected Ricardo and his thought. However, Ricardo exercised a strong influence on German views on production and distribution. In particular he influenced Wilhelm Roscher. Argues that Roscher in turn exercised a considerable influence on the work of Karl Marx. Analyses the aspects of Roscher's work which were particularly influenced by Ricardo, and those where Roscher went beyond Ricardo, his notion of a macroeconomic production function; increasing returns to scale; and the role of small firms.