The Works and Correspondence of David Ricardo: Volume 1, On the Principles of Political Economy and Taxation - Couverture souple

Ricardo, David

 
9780521285056: The Works and Correspondence of David Ricardo: Volume 1, On the Principles of Political Economy and Taxation

Synopsis

Book by Ricardo David

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Présentation de l'éditeur

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 ivdistribution, 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.

Présentation de l'éditeur

This book is complete and unabridged, includes a detailed biography and a critical literary review. David Ricardo (1772-1823) is possibly the most influential economist of the classical school after Adam Smith. David Ricardo's rigorous deductive method superseded the less formal style of Adam Smith. Ricardo’s interest in relative values focused attention on the determination of individual prices and set the stage for work on the problem of equilibrium. His main achievements, consequently, lie primarily in the areas of value theory and distribution theory. Ricardo was born into a family of merchants and eventually made his fortune in the stock market. Although he became a rich landowner, his strong advocacy of economic and political liberalization frequently ran against the interests of that group. His numerous political causes included parliamentary reform, religious freedom, and a tax on capital.

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Autres éditions populaires du même titre

9780521060660: The Works and Correspondence of David Ricardo: Volume 1, On the Principles of Political Economy and Taxation

Edition présentée

ISBN 10 :  0521060664 ISBN 13 :  9780521060660
Editeur : Cambridge University Press, 1951
Couverture rigide