BOOK · [1504]
On The Principles of Political Economy and Taxation
On The Principles of Political Economy and Taxation
Economics
David Ricardo's 1817 founding statement of comparative advantage and classical political economy. Recommended by Bill Gurley.
Endorsed By
1 PERSON-
Bill Gurley
“What Ricardo proved mathematically, is that if one country has simply a comparative advantage (not even an absolute one), it still is in everyone's best interest to embrace specialization and free trade.”