On The Principles Of Political Economy And Taxation (1821)

On The Principles Of Political Economy And Taxation is a seminal work in the field of economics written by David Ricardo in 1821. The book provides a comprehensive analysis of the principles of political economy and taxation, and it is considered one of the most influential works in the history of economic thought. Ricardo's main argument is that the value of a good is determined by the amount of labor that is required to produce it. He also discusses the concept of comparative advantage, which suggests that countries should specialize in producing goods that they are most efficient at producing, and trade with other countries for goods that they are less efficient at producing. The book also delves into the role of government in the economy, arguing that taxes should be levied in a way that is fair and does not hinder economic growth. Ricardo's analysis of taxation includes a discussion of the effects of different types of taxes, such as income taxes, property taxes, and tariffs. Overall, On The Principles Of Political Economy And Taxation is a foundational text in the field of economics, and it continues to be studied and debated by economists and policymakers to this day.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.