The Principles of Political Economy and Taxation
| Author | : | |
| Rating | : | 4.12 (871 Votes) |
| Asin | : | 1902835158 |
| Format Type | : | paperback |
| Number of Pages | : | 314 Pages |
| Publish Date | : | 2018-02-22 |
| Language | : | English |
DESCRIPTION:
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.
It established the guiding ideas behind the economic concepts of diminishing returns and economic rent. As a leading master of economic principles of his time, Ricardo developed the theories now identified as distribution theory and international trade theory, or comparative advantage.. Written in 1817, this famous treatise lays the groundwork for the principles of the market economy
Classic Book for Political Economy I read this book for a paper I wrote on David Ricardo. Almost everything you need to understand Ricardo's ideas are in this book. It's pretty dry in some places, but I would say it's worth it to read everything. There are many debates in this book that are still relevant today.. Dr. Joseph S. Maresca said Principles of Political Economy and Taxation by Ricardo. This work is a masterpiece of economic theory only second tothe Wealth of Nations by Adam Smith. Ricardo states that valueis a function of effort and not the price paid for labor. Hereminded us that labor plus the tools to assist labor affectedthe creation of value. Therefore; increases in value were indirect proportion to increments in labor. Value was also afunction of the time it took t. Comments on CreateSpace Edition Graham This Maestro Reprints (aka CreateSpace) text is a reprint of the 1st Edition of Ricardo's work.Ricardo's ideas on political economy, especially on labor value, rent and comparative advantage, were extremely influential in the evolution of classical economics and deserve careful reading. However Ricardo's initial discussion of labor value contained some significant issues, and Ricardo made
Though he retired at 42, he spent the following years of his life concentrating on his writing and research. . David Ricardo became a stockbroker at the age of 21 and slowly became a recognized economic scholar in England