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Principles of Political Economy and Taxation

Principles of Political Economy and Taxation

Paperback

Series: Great Minds

EconomicsInvesting & Finance

ISBN10: 1573921092
ISBN13: 9781573921091
Publisher: Prometheus Books
Published: Nov 1 1996
Pages: 305
Weight: 0.83
Height: 0.71 Width: 5.51 Depth: 8.47
Language: English
David Ricardo (1772-1823), the founder of the classical school of economics, applied the deductive logic of the philosopher James Mill to the analysis of monetary principles. His chief work, Principles of Political Economy and Taxation, first published in 1817, had a profound impact and remains one of the groundworks of modern economics. Ricardo's labor theory of value, as well as his elaboration of the division of incomes, and the function of wages, rent, and trade, deeply influenced the economic philosophies of Karl Marx, John Stuart Mill, Alfred Marshall, and many others.

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