Bøker av David Ricardo

David Ricardo's work on currency was published in 1816, and this second edition appeared in the same year. Enormously successful as a stockbroker, Ricardo (1772-1823) was able to lead the life of a wealthy country squire, while his intellectual interests caused him to move in the circles of Thomas Malthus and James Mill. Written at the urging of the Cornish businessman Pascoe Grenfell, MP, who shared Ricardo's interest in financial matters, this work considers the problem of the national debt, in the context of paper money and whether it should in principle be exchanged at face value for gold bullion rather than for minted coins. Ricardo was very concerned at the large profits being made by the Bank of England in its dealings with the government, and suggests here the creation of an independent central bank, a proposal to which he later returned.

This work, originally published in 1817, is one of the founding texts of modern economics. Enormously successful as a stockbroker, David Ricardo (1772-1823) was able to lead the life of a wealthy country squire, while his intellectual interests caused him to move in the circles of Thomas Malthus and James Mill. It was at Mill's urging that Ricardo published this book, entered Parliament in 1819 (as an independent member for a rotten Irish borough) and worked for financial and parliamentary reform. Ricardo argues in this work that Adam Smith was mistaken in his understanding of the economic significance of rent, and also demonstrates the mutual benefit of free trade between countries, as against protectionism. The book's findings and conclusions have been controversial since its publication, but led John Stuart Mill to judge Ricardo 'the greatest political economist'.

Lays the groundwork for the principles of the market economy. This book established the guiding ideas behind the economic concepts of diminishing returns and economic rent.

David Ricardo and T. R. Malthus shared an endearing friendship despite a contentious divergence of opinion on many political economic issues. This volume contains the formal remnants of their differences. Ricardo analyzes, issue-by-issue, his points of divergence to Malthus's "Principles of Political Economy." Malthus's contributions to political economics generally concern his bleak forecast that a geometrically growing population would surpass the arithmetically growing capacity of essential natural resources.The entire series includes: Volume 1 "On the Principles of Political Economy and Taxation"Volume 2 "Notes on Malthus's Principles of Political Economy"Volume 3 "Pamphlets and Papers 1809-1811 "Volume 4 "Pamphlets and Papers 1815-1823"Volume 5 "Speeches and Evidence"Volume 6 "Letters 1810-1815"Volume 7 "Letters 1816-1818"Volume 8 "Letters 1819-1821"Volume 9 "Letters 1821-1823"Volume 10 "Biographical Miscellany"Volume 11 "General Index"