Principles of Political Economy.

About Principles of Political Economy

Principles of Political Economy Considered with a View to their Applications, simply referred to as Principles of Political Economy, was written by the British political economist Thomas Robert Malthus in 1820. Malthus wrote Principles of Political Economy as a rebuttal to David Ricardo's On the Principles of Political Economy and Taxation. While the main focus of their work is to explain economic depressions in Europe and the reasons why they occur, Malthus uses his scholarship to explore price determination and the value of goods.