On the Principles of Political Economy and Taxation
David Ricardo · 1817
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Description
David Ricardo was a London stockbroker who retired rich and turned to writing on money, rent, and trade. His Principles of Political Economy and Taxation, published in 1817, is the engine room of classical economics. Later thinkers from Marx to modern trade theorists built on its frame.
Ricardo argues that rent rises as farming is pushed onto poorer land, while wages and profit pull against each other. His best-known idea, comparative advantage, shows how two nations both gain when each makes what it makes best. The reasoning is dry and tight, and it still drives debate on trade.
Catalog record
| CREATOR | David Ricardo |
|---|---|
| YEAR | 1817 |
| COLLECTION | BOOKS |
| FORMAT | TXT |
| FILE SIZE | 758 KB |
| VERSION | 1.0 |
| LICENSE | Public Domain |
| RIGHTS | PUBLIC DOMAIN |
| SOURCE | Internet Archive |
Source: https://archive.org/details/principlesofpoli0000unse