On The Principles of Political Economy, and Taxation By: David Ricardo
In "On The Principles of Political Economy, and Taxation," David Ricardo presents a groundbreaking analysis of economic principles and taxation systems. Through meticulous research and eloquent arguments, he establishes himself as one of the most influential economic thinkers of his time. Ricardo's book delves deep into the laws governing economics, providing a comprehensive framework for understanding the forces driving wealth accumulation and distribution. His theories on comparative advantage and the benefits of free trade are particularly noteworthy, as they challenged prevailing protectionist ideologies and highlighted the importance of international cooperation. One of the book's key strengths lies in its accessible writing style, making complex economic concepts understandable to a broad readership. Ricardo's ability to communicate his ideas clearly and concisely ensures that even those without a strong background in economics can grasp his arguments and appreciate their significance. Furthermore, Ricardo's insights on taxation systems stand out as particularly insightful. He argues for the implementation of a land tax instead of other forms of taxation, presenting a compelling case for its efficiency and fairness. This proposition revolutionized the understanding of taxation, paving the way for more equitable fiscal policies in the years to come. Although Ricardo's work is predominantly theoretical, he supports his arguments with real-world examples and data, enhancing the credibility and applicability of his ideas. This evidence-based approach strengthens his arguments and solidifies the book's standing as a cornerstone in economic literature. However, some readers might find the book overly technical and dense at times, requiring significant concentration to fully comprehend the intricacies of Ricardo's economic theories. Consequently, it may not be the most accessible read for those seeking a more general overview of economics. Overall, David Ricardo's "On The Principles of Political Economy, and Taxation" is a seminal work that sheds light on fundamental economic principles and challenges prevailing notions of taxation. Ricardo's meticulous research, clear writing style, and thought-provoking arguments make this book a must-read for anyone interested in economics and political economy. It has undoubtedly had a lasting impact on the field, and its relevance persists to this day. First Page: Transcriber's note: Corrections in the ERRATA section have been made and duplicate Chapter numbers are marked by asterisks as shown in the original text. ON THE PRINCIPLES OF POLITICAL ECONOMY, AND TAXATION. BY DAVID RICARDO, Esq. LONDON: JOHN MURRAY, ALBEMARLE STREET 1817. J. M^{c}CREERY. Printer, Black Horse Court, London. PREFACE. The produce of the earth all that is derived from its surface by the united application of labour, machinery, and capital, is divided among three classes of the community; namely, the proprietor of the land, the owner of the stock or capital necessary for its cultivation, and the labourers by whose industry it is cultivated. But in different stages of society, the proportions of the whole produce of the earth which will be allotted to each of these classes, under the names of rent, profit, and wages, will be essentially different; depending mainly on the actual fertility of the soil, on the accumulation of capital and population, and on the skill, ingenuity, and instruments employed in agriculture. To determine the laws which regulate this distribution, is the principal problem in Political Economy: much as the science has been improved by the writings of Turgot, Stuart, Smith, Say, Sismondi, and others, they afford very little satisfactory information respecting the natural course of rent, profit, and wages... Continue reading book >>

On The Principles of Political Economy, and Taxation By: David Ricardo

In "On The Principles of Political Economy, and Taxation," David Ricardo presents a groundbreaking analysis of economic principles and taxation systems. Through meticulous research and eloquent arguments, he establishes himself as one of the most influential economic thinkers of his time.

Ricardo's book delves deep into the laws governing economics, providing a comprehensive framework for understanding the forces driving wealth accumulation and distribution. His theories on comparative advantage and the benefits of free trade are particularly noteworthy, as they challenged prevailing protectionist ideologies and highlighted the importance of international cooperation.

One of the book's key strengths lies in its accessible writing style, making complex economic concepts understandable to a broad readership. Ricardo's ability to communicate his ideas clearly and concisely ensures that even those without a strong background in economics can grasp his arguments and appreciate their significance.

Furthermore, Ricardo's insights on taxation systems stand out as particularly insightful. He argues for the implementation of a land tax instead of other forms of taxation, presenting a compelling case for its efficiency and fairness. This proposition revolutionized the understanding of taxation, paving the way for more equitable fiscal policies in the years to come.

Although Ricardo's work is predominantly theoretical, he supports his arguments with real-world examples and data, enhancing the credibility and applicability of his ideas. This evidence-based approach strengthens his arguments and solidifies the book's standing as a cornerstone in economic literature.

However, some readers might find the book overly technical and dense at times, requiring significant concentration to fully comprehend the intricacies of Ricardo's economic theories. Consequently, it may not be the most accessible read for those seeking a more general overview of economics.

Overall, David Ricardo's "On The Principles of Political Economy, and Taxation" is a seminal work that sheds light on fundamental economic principles and challenges prevailing notions of taxation. Ricardo's meticulous research, clear writing style, and thought-provoking arguments make this book a must-read for anyone interested in economics and political economy. It has undoubtedly had a lasting impact on the field, and its relevance persists to this day.

First Page:

Transcriber's note: Corrections in the ERRATA section have been made and duplicate Chapter numbers are marked by asterisks as shown in the original text.

THE PRINCIPLES

POLITICAL ECONOMY,

AND

TAXATION.

BY DAVID RICARDO, Esq.

LONDON:

JOHN MURRAY, ALBEMARLE STREET

1817.

J. M^{c}CREERY. Printer,

Black Horse Court, London.

PREFACE.

The produce of the earth all that is derived from its surface by the united application of labour, machinery, and capital, is divided among three classes of the community; namely, the proprietor of the land, the owner of the stock or capital necessary for its cultivation, and the labourers by whose industry it is cultivated.

But in different stages of society, the proportions of the whole produce of the earth which will be allotted to each of these classes, under the names of rent, profit, and wages, will be essentially different; depending mainly on the actual fertility of the soil, on the accumulation of capital and population, and on the skill, ingenuity, and instruments employed in agriculture.

To determine the laws which regulate this distribution, is the principal problem in Political Economy: much as the science has been improved by the writings of Turgot, Stuart, Smith, Say, Sismondi, and others, they afford very little satisfactory information respecting the natural course of rent, profit, and wages... Continue reading book >>

eBook links
Wikipedia – David Ricardo
Wikipedia – On The Principles of Political Economy, and Taxation

eBook Downloads
ePUB eBook • iBooks for iPhone and iPad • Nook • Sony Reader	Kindle eBook • Mobi file format for Kindle
Read eBook • Load eBook in browser	Text File eBook • Computers • Windows • Mac