On the Principles of Political Economy and Taxation (1821)

On The Principles Of Political Economy And Taxation is a seminal work by the British economist David Ricardo, first published in 1821. The book is considered one of the most influential works in the history of economic thought, and Ricardo is often regarded as one of the founders of classical economics.In the book, Ricardo sets out his theory of comparative advantage, which explains why it is beneficial for countries to specialize in certain industries and trade with one another. He also discusses the role of wages, profits, and rent in the economy, and argues that the value of goods and services is determined by the amount of labor required to produce them.Ricardo's analysis of taxation is also a key feature of the book. He argues that taxes should be levied in a way that does not distort the market, and that the burden of taxation should be shared fairly among all members of society.Overall, On The Principles Of Political Economy And Taxation is a comprehensive and influential work that continues to shape economic thinking to this day.This Is A New Release Of The Original 1821 Edition.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.