Say, Malthus and Ricardo: Say’s Law and Gluts

The Malthus-Sismondi arguments, then, seem to fail to hold. However, things might change if we add a dynamic twist to this simplistic model. Ricardo erroneously transformed all of Malthus's and Sismondi's arguments, as we just have, into long-run comparative statics when they were, in fact, arguing in short-run dynamic terms. ................
................