Economics

David Ricardo’s “On the Principles of Political Economy and Taxation”

ABSTRACT

Conferees gave critical attention to Ricardo's thought, especially concerning the complex interrelation of value with the concepts of cost, price, and exchange.

READING LIST

From Liberty Fund

An Inquiry into the Nature and Causes of the Wealth of Nations (vol. 1)

by By Adam Smith
Edited by R. H. Campbell and A. S. Skinner
William B. Todd, Textual Editor

First published in 1776, the year in which the American Revolution officially began, Smith’s Wealth of Nations sparked a revolution of its own. In it Smith analyzes the major elements of political economy, from market pricing and the division of labor to monetary, tax, trade, and other government policies that…

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Additional Readings

Buchanan, James M. The Collected Works of James M. Buchanan, Volume 6: Cost and Choice: An Inquiry in Economic Theory. Indianapolis: Liberty Fund, Inc., 1999.

Ricardo, David. The Works and Correspondence of David Ricardo, Volume II: Notes on Malthus’s Principles of Political Economy. Edited by Piero Sraffa with the Collaboration of M. H. Dobb. Indianapolis: Liberty Fund, Inc., 2004.

Ricardo, David. The Works and Correspondence of David Ricardo, Volume III: Pamphlets and Papers. Edited by Piero Sraffa. Indianapolis: Liberty Fund, 2004.

Ricardo, David. The Works and Correspondence of David Ricardo, Volume 1: On the Principles of Political Economy and Taxation. Edited by Piero Sraffa with the collaboration of M. H. Dobb. Indianapolis: Liberty Fund, 2004.