The Principles of Political Economy and Taxation " — Coleman Hawkins
The Principles of Political Economy and Taxation " — Coleman HawkinsThis landmark treatise of 1817 formulated the guiding principles behind the market economy. Author David Ricardo, with Adam Smith, founded the "classical" system of political economy, a school of thought that dominated economic policies throughout the nineteenth century and figured prominently in the theories of John Stuart Mill and Karl Marx. A friend and colleague of James Mill, Thomas Malthus, and Jeremy Bentham each of whom exercised a decided
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