Principles of Political Economy and Taxation
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.
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LibraryThing ReviewUser Review - thcson - LibraryThing
In a way Ricardo's economic theory is akin to Aristotle's physical theory, it feels a bit difficult to get a grip of it since it's presented without any mathematical or graphic aids. Nevertheless it's ... Read full review
LibraryThing ReviewUser Review - mortensengarth - LibraryThing
unbelievably, i was able to apply this to an article i once wrote. modern chinese theory of Justin Lin (chief economist of WB) based some of his work on this book. it is applicable! Read full review
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No preview available - 2004