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On the Principles of Political Economy and Taxation
- Narrated by: Dominic Page
- Length: 14 hrs and 10 mins
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Publisher's Summary
The book On the Principles of Political Economy and Taxation (1817) secured Ricardo's position among the prominent classical economists. Ricardo wanted to thoroughly examine rent, wages, and profit. He argues that land rent grows as population increases and presents the theory of comparative advantage, the theory that free trade between two or more countries can be mutually beneficial.