The Principles of Political Economy and Taxation

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9780486434612: The Principles of Political Economy and Taxation

This landmark treatise of 1817 formulated the guiding principles behind the market economy. Author David Ricardo, with Adam Smith, founded the "classical" system of political economy, a school of thought that dominated economic policies throughout the nineteenth century and figured prominently in the theories of John Stuart Mill and Karl Marx.
A friend and colleague of James Mill, Thomas Malthus, and Jeremy Bentham — each of whom exercised a decided influence on his intellectual development — Ricardo elevated economic theory to hitherto unprecedented levels of sophistication. His clear and consistent definition of the classical system included the foundation of the tenets of diminishing returns and economic rent, which led to the doctrines known today as distribution theory and international trade theory, or comparative advantage. The Ricardian system continues to influence and inform modern economic thought, and The Principles of Political Economy and Taxation is essential reading for students of the social sciences.

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About the Author:

David Ricardo became a stockbroker at the age of 21 and slowly became a recognized economic scholar in England. Though he retired at 42, he spent the following years of his life concentrating on his writing and research.

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Book Description Dover Publications Inc., United States, 2004. Paperback. Book Condition: New. Language: English . Brand New Book. This landmark treatise of 1817 formulated the guiding principles behind the market economy. Author David Ricardo, with Adam Smith, founded the classical system of political economy, a school of thought that dominated economic policies throughout the nineteenth century and figured prominently in the theories of John Stuart Mill and Karl Marx. A friend and colleague of James Mill, Thomas Malthus, and Jeremy Bentham -- each of whom exercised a decided influence on his intellectual development -- Ricardo elevated economic theory to hitherto unprecedented levels of sophistication. His clear and consistent definition of the classical system included the foundation of the tenets of diminishing returns and economic rent, which led to the doctrines known today as distribution theory and international trade theory, or comparative advantage. The Ricardian system continues to influence and inform modern economic thought, and The Principles of Political Economy and Taxation is essential reading for students of the social sciences. Bookseller Inventory # AA99780486434612

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Book Description Dover Publications Inc., United States, 2004. Paperback. Book Condition: New. Language: English . Brand New Book. This landmark treatise of 1817 formulated the guiding principles behind the market economy. Author David Ricardo, with Adam Smith, founded the classical system of political economy, a school of thought that dominated economic policies throughout the nineteenth century and figured prominently in the theories of John Stuart Mill and Karl Marx. A friend and colleague of James Mill, Thomas Malthus, and Jeremy Bentham -- each of whom exercised a decided influence on his intellectual development -- Ricardo elevated economic theory to hitherto unprecedented levels of sophistication. His clear and consistent definition of the classical system included the foundation of the tenets of diminishing returns and economic rent, which led to the doctrines known today as distribution theory and international trade theory, or comparative advantage. The Ricardian system continues to influence and inform modern economic thought, and The Principles of Political Economy and Taxation is essential reading for students of the social sciences. Bookseller Inventory # AA99780486434612

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Book Description Dover Publications Inc., United States, 2004. Paperback. Book Condition: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. This landmark treatise of 1817 formulated the guiding principles behind the market economy. Author David Ricardo, with Adam Smith, founded the classical system of political economy, a school of thought that dominated economic policies throughout the nineteenth century and figured prominently in the theories of John Stuart Mill and Karl Marx. A friend and colleague of James Mill, Thomas Malthus, and Jeremy Bentham -- each of whom exercised a decided influence on his intellectual development -- Ricardo elevated economic theory to hitherto unprecedented levels of sophistication. His clear and consistent definition of the classical system included the foundation of the tenets of diminishing returns and economic rent, which led to the doctrines known today as distribution theory and international trade theory, or comparative advantage. The Ricardian system continues to influence and inform modern economic thought, and The Principles of Political Economy and Taxation is essential reading for students of the social sciences. Bookseller Inventory # BTE9780486434612

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