This landmark treatise of 1817 formulated the guiding principles behind the market economy. Author Ricardo, with Adam Smith, founded the classical system of political economy, a school of thought that dominated economic policies throughout the 19th century and figured prominently in the theories of John Stuart Mill and Karl Marx.
The Principles of Political Economy and Taxation
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Most Helpful Customer Reviews
20 of 23 people found the following review helpful
Format:Paperback
Ricardo was one of the leading political economists of his time, and for me, of all time. His writting style is offputting were as the ideas he expounds are remarkable. Modern economists are too eger to ignore the theories of Ricardo, and indeed many have not even read this work, however for the serious economist to understand political economy is to contemplate the importance of its beginings.
Ricardo was not only an outstanding economist, furthermore he was an active politician battling in westminster for economic reforms which would shape England for decades after his death.
I would recommend this title to anyone with a genuine interest in the history of economic thought, or indeed economists who feel that modern economics struggles to encapsulate the true interplay between social and economic issues.
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
4.2 out of 5 stars
9 reviews
27 of 30 people found the following review helpful
4.0 out of 5 stars
A worthy read into the origins of the political economy
25 Mar 2000
By A Customer
- Published on Amazon.com
Format:Paperback
The ideas put forward by Ricardo in this book challenges some of the ideas presented by Adam Smith in the Wealth of Nations, particularly in the principles of economic rent. Ricardo also revealed interesting insights on the subject of value in chapter 1.
To understand the text fully,it would be advisable to have read Adam Smith's Wealth of Nations, another book in the Great Minds Series, which I had also painfully digested.
Like other books in the Great Mind's series, have a good cup of coffee ready. It is a very challenging and difficult read. Nevertheless, it is a worthwhile read for those serious in understanding the foundations of the present economic systems.
37 of 44 people found the following review helpful
5.0 out of 5 stars
Raw Intelligence
7 Jan 2001
By Skip Church
- Published on Amazon.com
Format:Paperback
Some authors you read, and perhaps think, "I wish I'd written that!" Ricardo, like Adam Smith and John Locke, are in another league altogether. The originality of mind is stunning. Smith, Mill, Malthus and J.B. Say are all more readable, which I fear sounds like a very poor recommendation for Ricardo! Still, I was so bowled over by the originality of his theoretical line, that I forgave much slow slogging through a difficult text. His theory of rent is I think quite misguided, but is so powerfully presented that I was hard put to think how I might argue against it were Ricardo to appear before me in person. I took this book about ten pages at a time, and found it well worth the trouble.
13 of 15 people found the following review helpful
5.0 out of 5 stars
A must for the student of Social Sciences
12 Feb 2003
By Roberto P. De Ferraz
- Published on Amazon.com
Format:Paperback
Along with Adam Smith, the Englishman David Ricardo is one of the fathers of the so-called Classics school of economic thought, and the Principles is his major opus, one he was very much reluctant to write, but only did so at the urgings of James Mill and his son John. Written in the first half of the 19th victorian century, he was nonetheless, a very freed mind, who did not accept or indulge in the extravagancies of the beginning of the industrialization proccess in England. To David Ricardo, Karl Marx owes a good share of his theory of labour, something essential in the labour movements of then. The concepts adapted and created by David Ricardo is transported to the text in a dry and concise style, not too much worried in polemics, but only interested in address the topics he raises in a very precise way. IF you are a student of Social Sciences, this book is a must.
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4.2 out of 5 stars
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