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On the Principles of Political Economy, and Taxation

Author

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  • Ricardo,David

Abstract

This work, originally published in 1817, is one of the founding texts of modern economics. Enormously successful as a stockbroker, David Ricardo (1772–1823) was able to lead the life of a wealthy country squire, while his intellectual interests caused him to move in the circles of Thomas Malthus and James Mill. It was at Mill's urging that Ricardo published this book, entered Parliament in 1819 (as an independent member for a rotten Irish borough) and worked for financial and parliamentary reform. Ricardo argues in this work that Adam Smith was mistaken in his understanding of the economic significance of rent, and also demonstrates the mutual benefit of free trade between countries, as against protectionism. The book's findings and conclusions have been controversial since its publication, but led John Stuart Mill to judge Ricardo 'the greatest political economist'.

Suggested Citation

  • Ricardo,David, 2015. "On the Principles of Political Economy, and Taxation," Cambridge Books, Cambridge University Press, number 9781108075435.
    • Handle: RePEc:cup:cbooks:9781108075435
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    Citations

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    Cited by:

    1. Mann, Stefan & Besser, Tim, 2016. "Diversifikation und Arbeitszufriedenheit – trifft die These von Marx und Engels auf Landwirte zu?," 56th Annual Conference, Bonn, Germany, September 28-30, 2016 244808, German Association of Agricultural Economists (GEWISOLA).
    2. Kai CHEN & Roxana STEGEREAN & Razvan Liviu NISTOR, 2018. "Value Creation And Value Added In Blockchain Technology," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1), pages 862-878, November.
    3. Matt Ridley, 2017. "Adam Smith and the Past, Present, and Future of Liberalism," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 32(Fall 2017), pages 1-7.
    4. Yingfei Yang & Yingfei Yang & Michal Fabuš & Ki-Hyung Bae & Mengze Zhang, 2020. "A diamond model based analysis for improving the sustainable competitiveness in educational exports by Chinese colleges and universities," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 1858-1871, March.
    5. Tadashi Ito & Yukiko Umeno Saito, 2021. "Indirect trade and direct trade: Evidence from Japanese firm transaction data," The World Economy, Wiley Blackwell, vol. 44(2), pages 444-461, February.
    6. Cristina Pérez-Pérez & Diana Benito-Osorio & Susana María García-Moreno, 2021. "New Puppets in the Old School: The Applicability of Traditional Internationalisation Theories in the Sharing Economy," Administrative Sciences, MDPI, vol. 11(3), pages 1-24, September.
    7. Charpe, Matthieu & Bridji, Slim & Mcadam, Peter, 2020. "Labor Share And Growth In The Long Run," Macroeconomic Dynamics, Cambridge University Press, vol. 24(7), pages 1720-1757, October.
    8. Kinda, Harouna & Thiombiano, Noel, 2021. "The effects of extractive industries rent on deforestation in developing countries," Resources Policy, Elsevier, vol. 73(C).
    9. Manamba EPAPHRA & John MASSAWE, 2017. "The Effect of Corruption on Foreign Direct Investment: A Panel Data Study," Turkish Economic Review, KSP Journals, vol. 4(1), pages 19-54, March.
    10. Gennady Vasilievich Osipov & Vadim Vitalievich Ponkratov & Svetlana Gennadievna Karepova & Tatiana Bloshenko & Andrei Vorontcov, 2019. "Transit tariff optimization model for Russia and Central Asia energy cooperation," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 398-412, September.
    11. Chatzarakis, Nikolaos & Tsaliki, Persefoni & Tsoulfidis, Lefteris, 2022. "Does the Labour Theory of Value Explain Economic Growth? A Modern Classical View," MPRA Paper 112824, University Library of Munich, Germany.
    12. Sękowski, Stefan, 2021. "The pros and cons of rent-seeking: Political rent in various research paradigms," Studia z Polityki Publicznej / Public Policy Studies, Warsaw School of Economics, vol. 8(2), pages 1-17, July.
    13. Nguyen Quang Thai & Bui Trinh & Nguyen Hong Nhung, 2019. "The Discussion on Input – Output Framework Extended for Analyzing on Relationship between Demographic and Economic," International Business Research, Canadian Center of Science and Education, vol. 12(6), pages 52-57, June.
    14. Guilherme Silva Fracarolli, 2021. "Global Markets, Local Issues: The Hegemonic Process of Agri-Food Construction to Present Challenges," Land, MDPI, vol. 10(11), pages 1-24, November.
    15. Hao Hu & Shufang Wang & Jin-liao He, 2020. "Comparative Advantages of Free Trade Port Construction in Shanghai under the Belt and Road Initiative," IJFS, MDPI, vol. 8(1), pages 1-15, February.
    16. Bermeo Pazmiño, Katina Vanessa & Saavedra García, María Luisa, 2018. "La competitividad sistémica de la MIPYME manufacturera en el nivel micro: caso de la fabricación de muebles de madera, Ecuador," Small Business International Review, Asociación Española de Contabilidad y Administración de Empresas - AECA, vol. 2(1), pages 1-15, January.
    17. N. V. Ezechukwu, 2023. "Consumer Protection and Trade Governance: A Critical Partnership?," Journal of Consumer Policy, Springer, vol. 46(2), pages 191-221, June.
    18. HUBERT Marie-Hélène & MOREAUX Michel, 2007. "The challenge of meeting the future food needs," LERNA Working Papers 07.17.238, LERNA, University of Toulouse.
    19. Katarzyna Łukiewska & Małgorzata Juchniewicz, 2021. "Identification of the Relationships between Competitive Potential and Competitive Position of the Food Industry in the European Union," Sustainability, MDPI, vol. 13(8), pages 1-13, April.
    20. José L. Martínez González, 2019. "High Wages or Wages For Energy? An Alternative View of The British Case (1645-1700)," Working Papers 0158, European Historical Economics Society (EHES).
    21. Minford, Patrick, 2021. "Free Trade under Brexit- why its benefits have been widely underestimated," Cardiff Economics Working Papers E2021/18, Cardiff University, Cardiff Business School, Economics Section.

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