Principles of Political Economy and Taxation - Softcover

Ricardo, David

Softcover

ISBN 10: 1596059273 ISBN 13: 9781596059276

Publisher: Cosimo Classics, 2006

Synopsis

There can be no rise in the value of labor without a fall of profits. If the corn is to be divided between the farmer and the laborer, the larger the proportion that is given to the latter the less will remain for the former -from "On Value" Friend to, colleague of, and influence on the likes of James Mill, Jeremy Bentham, and Thomas Malthus, revolutionary British writer DAVID RICARDO (1772-1823) was one of the foundational thinkers of classical economics, developing theories of rent, wages, profits, value, and labor that continue to dramatically impact economic philosophy today. Principles of Political Economy and Taxation, first published in 1817, is his major work. Here, he introduces the concept of comparative advantage, explores the impact of taxes, examines the effects of accumulation of profits and interest, discusses trade, currency, and banks, and much more. ALSO FROM COSIMO: Ricardo's Classics of Economics: The High Price of Bullion and An Essay on Profits

About this title

Product Description

David Ricardo (1772-1823), the founder of the classical school of economics, applied the deductive logic of the philosopher James Mill to the analysis of monetary principles. His chief work, "Principles of Political Economy and Taxation," first published in 1817, had a profound imapct and remains one of the groundworks of modern economics. Ricardo's labor theory of values, as well as his elaboration of the division of incomes, and the function of wages, rent, and trade, deeply influenced the economic philosophies of Karl Marx, John Stuart Mill, Alfred Marshall, and many others.

Edition details

• Publisher: Cosimo Classics
• Publication date: 2006
• Language: English
• ISBN 10: 1596059273
• ISBN 13: 9781596059276
• Binding: Paperback
• Number of pages: 304