On The Principles Of Political Economy And Taxation (1821)

On The Principles Of Political Economy And Taxation is a seminal work by David Ricardo, first published in 1821. The book is widely regarded as one of the most influential works on classical economics and has had a significant impact on economic theory and policy.In the book, Ricardo explores the principles of political economy and taxation, focusing on the relationship between economic growth, trade, and the distribution of wealth. He argues that the value of goods and services is determined by the amount of labor required to produce them, and that the free market is the most efficient mechanism for allocating resources.Ricardo also discusses the impact of taxes on economic growth and argues that taxes should be levied on the basis of ability to pay. He advocates for the abolition of tariffs and other trade barriers, arguing that free trade benefits all parties involved.Throughout the book, Ricardo presents his ideas in a clear and concise manner, using examples and illustrations to explain complex economic concepts. His work has been highly influential in shaping economic theory and policy, and continues to be studied and debated by economists today.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.