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Therefore; wages will increase in response to increases in the demand for labor.
Ricardo's book is one of the "essential" works of classical political economy, and is still of interest to students of economics today.
Ricardo's work is clear and concise and further explains the numerous concepts covered by economists like Adam Smith and Karl Marx.
David Ricardo (1772-1823) was an English political economist, businessman, financier, and member of Parliament. Read morePublished on March 6, 2012 by Steven H. Propp
If you seek to understand the concepts of finance, money, banking, taxation, labor, profit and value, then this is a necessary read. Read morePublished on January 8, 2011 by Michael L. Wolff
As you know that Das Capital changed all paradigm of economy of 19th century and "Principles of Political Economy and Taxation" was the main road source in this process. Read morePublished on June 11, 2009 by Hasan Onur Yazýcý
David Ricardo played a crucial role in developing Classical Economics. Ricardo was prompted to write on economics by reading The Wealth of Nations. Read morePublished on May 20, 2008 by D. W. MacKenzie
I don't want to insult Ricardo. He was unequivocally brilliant. But this book was painful to read. Granted, I am not an economist, so maybe this just wasn't for me. Read morePublished on January 21, 2006 by Dan
This work is a masterpiece of economic theory only second to
the Wealth of Nations by Adam Smith. Read more
David Ricardo was never one to mince words.
"The opinion entertained by the labouring class, that the employment of machinery in frequently detrimental to their... Read more