David Ricardo On the Principles of Political Economy and Taxation in PDF

On the Principles of Political Economy and Taxation by David Ricardo was written in 1817. The Economic themes in this book were value and free trade. The book also addresses many subsidiary issues. You can download it here: On the Principles of Political Economy and Taxation by David Ricardo in PDF I recommend you download… Continue reading David Ricardo On the Principles of Political Economy and Taxation in PDF

Michael Woodford – Financial Intermediation and Macroeconomic Analysis – Review

Michael Woodford’s 2010 paper “Financial Intermediation and Macroeconomic Analysis”, improves his theory that was articulated in this book, Interest and Prices (2003). He based this on the data and experiences from the 2008 financial crisis and changing ideas in monetary economics since his 2003 work. I have academic respect for Michael Woodford, this review is… Continue reading Michael Woodford – Financial Intermediation and Macroeconomic Analysis – Review

Natural Rate of Interest – Wicksell’s Moneyless Rate

The natural rate of interest is an unobservable hypothetical rate of interest that was conceptualized by the Swedish Economist Knut Wicksell. There were precursors to this theory, such as Henry Thorton An Enquiry into the Nature and Effects of the Paper Credit of Great Britain in 1802, however, it was Wicksell’s theory that can trace… Continue reading Natural Rate of Interest – Wicksell’s Moneyless Rate

Communist Manifesto in PDF

The Communist Manifesto by Karl Marx and Friedrich Engels changed the world. It was a social political gospel for the economically disheartened. I have put together a free copy of Karl Marx in PDF here. I resisted interjecting my own views into the introduction of the book as I did not want to sway the… Continue reading Communist Manifesto in PDF