On the Principles of Political Economy and Taxation — David Ricardo
The Langenderfer Library: Classics in Tax, Economics, and AccountingShow Notes
What determines the distribution of national income among workers, capitalists, and landowners? David Ricardo develops a systematic account of value, wages, profits, rent, trade, money, and taxation—placing distribution at the center of political economy.
From comparative advantage and diminishing returns to the incidence of taxes on rent, profits, wages, and commodities, Ricardo traces how economic forces and public policy interact. This landmark work helped define classical economics and continues to shape debates over trade, growth, and taxation.
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