Heterodox
My purpose here is not to analyse it or refute it in detail, but merely to set it out.Here it is taken from Ricardo’s On the Principles of Political Economy and Taxation (2nd edn.; 1819), in full context:“It is quite as important to the happiness of mankind, that our enjoyments should be increased by the better distribution of labour, by each country producing those commodities for which by its situation, its climate, and its other natural or artificial advantages it is adapted, and by their...
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