On the Principles of Political Economy and Taxation (1817) is the title of a book by David Ricardo on economics. The book concludes that land rent grows as population increases. It also clearly lays out the theory of comparative advantage, which shows that all nations can benefit from free trade, even if a nation lacks an absolute advantage in all sectors of its economy. See also: 1816 in literature, other events of 1817, 1818 in literature, list of years in literature. ... Look up book in Wiktionary, the free dictionary. ... David Ricardo (April 18, 1772 – September 11, 1823), a political economist, is often credited with systematizing economics, and was one of the most influential of the classical economists. ... Face-to-face trading interactions among on the New York Stock Exchange trading floor Economics, as a social science, studies human choice behavior and how it affects the production, distribution, and consumption of scarce resources. ... In economics, land comprises all naturally occurring resources, such as geographical locations, mineral deposits, and even portions of the electromagnetic spectrum. ... In economics, the theory of comparative advantage explains why it can be beneficial for two parties (countries, regions, individuals and so on) to trade, even though one of them may be able to produce every item more cheaply than the other. ... Free trade is an economic concept referring to the selling of products between countries without tariffs or other trade barriers. ... A country has an absolute advantage economically over another, in a particular good, when it can produce that good more cheaply. ...

Ricardo claims in the preface that Turgot, Stuart, Adam Smith, Jean-Baptiste Say, Sismondi, and others had not written enough "satisfactory information" on the topics of rent, profit, and wages. Principles of Political Economy is ostensibly Ricardo's effort to fill that gap in the literature. Regardless of whether the book achieved that goal, it secured, according to Ronald Max Hartwell, Ricardo's position among the great classical economists Smith, Thomas Robert Malthus, John Stuart Mill, and Karl Heinrich Marx. Anne-Robert-Jacques Turgot, Baron de Laune, often referred to as Turgot (May 10, 1727 – March 18, 1781), was a French statesman and economist. ... Adam Smith, FRSE, (baptised and probably born June 5, 1723 O.S. (June 16 N.S.) – July 17, 1790) was a Scottish political economist and moral philosopher. ... Jean-Baptiste Say (January 5, 1767 – November 15, 1832) was a French economist and businessman. ... Rev. ... John Stuart Mill (May 20, 1806 – May 8, 1873), an English philosopher and political economist, was an influential liberal and socialist thinker of the 19th century. ... Karl Heinrich Marx (May 5, 1818, Trier, Germany – March 14, 1883, London, England) was an immensely influential philosopher from Germany, a political economist, and a socialist revolutionary. ...

Some of this article's content is derived from the Wikipedia article "David Ricardo". Wikipedia is a multilingual, Web-based free content encyclopedia project. ... David Ricardo (April 18, 1772 – September 11, 1823), a political economist, is often credited with systematizing economics, and was one of the most influential of the classical economists. ...

External links

• On the Principles of Political Economy and Taxation, by David Ricardo. Complete, fully-searchable text at the Library of Economics and Liberty.
• Biography of David Ricardo, at the Concise Encyclopedia of Economics