Product Description

Written in 1817, this famous treatise lays the groundwork for the principles of the market economy. It established the guiding ideas behind the economic concepts of diminishing returns and economic rent. As a leading master of economic principles of his time, Ricardo developed the theories now identified as distribution theory and international trade theory, or comparative advantage.

Product Details

• Amazon Sales Rank: #35628 in Books
• Published on: 2004-07-30
• Original language: English
• Number of items: 1
• Binding: Paperback
• 320 pages

About the Author
David Ricardo became a stockbroker at the age of 21 and slowly became a recognized economic scholar in England. Though he retired at 42, he spent the following years of his life concentrating on his writing and research.

Customer Reviews

A remarkable work from a dynamic time
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.