On the Principles of Political Economy and Taxation

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On the Principles of Political Economy and Taxation is an 1817 treatise by David Ricardo that systematically develops classical economic theories such as comparative advantage, rent, wages, and profits.

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Predicate Object
instanceOf book
treatise
alternativeTitle On the Principles of Political Economy and Taxation
surface form: Principles of Political Economy and Taxation
argues international trade can benefit countries even when one is more productive in all goods
profits tend to fall as land of lower quality is brought into cultivation
author David Ricardo
canonicalStatus classic work in economics
countryOfOrigin United Kingdom
dateWritten early 1810s
describes distribution of income between landlords, workers, and capitalists
economicSchool classical school of economics
firstEditionPlace London, England
surface form: London
followedBy later editions with revisions by David Ricardo
genre economics literature
hasImpactOn development of trade policy theory
policy debates on the Corn Laws
theory of income distribution
hasPart chapter on foreign trade
chapter on profits
chapter on rent
chapter on taxes
chapter on value
chapter on wages
historicalPeriod classical economics era
influenced John Stuart Mill
Karl Marx
international trade theory
neoclassical economics
language English
mainSubject classical economics
comparative advantage
Corn Laws debate
surface form: corn laws

distribution of income
economic rent
international trade
political economy
profits
taxation
value theory
wages
precededBy The High Price of Bullion, a Proof of the Depreciation of Bank Notes
proposesTheory labor theory of value (Ricardian version)
theory of comparative advantage
theory of differential rent
publicationYear 1817
publisher John Murray (London)
usesExample trade in cloth and wine between England and Portugal

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

On the Principles of Political Economy and Taxation alternativeTitle On the Principles of Political Economy and Taxation
this entity surface form: Principles of Political Economy and Taxation
classical economics hasKeyText On the Principles of Political Economy and Taxation
this entity surface form: Principles of Political Economy and Taxation
David Ricardo notableWork On the Principles of Political Economy and Taxation