The Principles of Political Economy and Taxation

David Ricardo's work delves into the foundations of political economy, exploring concepts such as value, distribution, and the role of labor in production. He examines the effects of taxation on economic behavior and the importance of comparative advantage in international trade. The book also discusses the implications of land ownership and resource allocation, providing a critical analysis of how these factors influence wealth and economic growth. Ricardo's insights laid the groundwork for modern economic theory, making this work a significant historical text.