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Parameters
- 304 pages
- 11 hours of reading
More about the book
The book explores the economic principle that an increase in labor value necessitates a decrease in profits. It discusses the distribution of resources, specifically how a greater share of corn allocated to laborers results in reduced profits for farmers. This analysis delves into the implications of labor value on economic relationships and the balance of power between different roles in agriculture, highlighting the inherent conflict in resource allocation.
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Principles of Political Economy and Taxation, David Ricardo
- Language
- Released
- 2006
- product-detail.submit-box.info.binding
- (Paperback)
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- Language
- English
- Authors
- David Ricardo
- Publisher
- Cosimo Classics
- Released
- 2006
- Format
- Paperback
- Pages
- 304
- ISBN13
- 9781596059276
- Series
- Tags
- Non-Fiction, Social Sciences, Business, Business & Management, Political Science & Politics, Philosophical Topics, References & Manuals, Politics, Economics
- Original title
- On the principles of political economy and taxation
- Rating
- 3.8 out of 5
- Description
- The book explores the economic principle that an increase in labor value necessitates a decrease in profits. It discusses the distribution of resources, specifically how a greater share of corn allocated to laborers results in reduced profits for farmers. This analysis delves into the implications of labor value on economic relationships and the balance of power between different roles in agriculture, highlighting the inherent conflict in resource allocation.