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 (1772-1823) was a British political economist, born in London. Ricardo was a political contemporary of Thomas Malthus, James Mill, and Adam Smith, with the latter’s The Wealth of Nations serving as a chief inspiration for his economic studies. Ricardo’s legacy is the Value Theory, which he details in his book, Principles of Political Economy and Taxation. Other well-known works by Ricardo are The High Price of Bullion, a Proof of the Depreciation of Bank Notes and Essay on the Influence of a Low Price of Corn on the Profits of Stock.

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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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Book Description Dover Pubns, Mineola, New York, U.S.A., 2004. Soft cover. Book Condition: New. First published in 1817, this treatise elevated economics to a sophisticated science, and laid the basis for the market economy which has made the West so rich. Unabridged republication of edition published in 1911 by J.M Dent and Sons. xvi+300 pages, Preface, Index. Bookseller Inventory # 14457

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