Ricardo's Law: How the State Rips You Off and What to Do About It

Overview

Presenting insights into how income and wealth are produced and distributed, this study analyzes how, despite two centuries of capital accumulation, poverty persists in rich nations. Relying on the theories of David Ricardo—a 19th-century economist credited with developing the theory of rent—a thorough presentation of the history of this economic law, from the inscriptions on the clay tablets of ancient Babylonian merchants to statistics that portray the modern economy, is provided. Presenting readers with ...

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Overview

Presenting insights into how income and wealth are produced and distributed, this study analyzes how, despite two centuries of capital accumulation, poverty persists in rich nations. Relying on the theories of David Ricardo—a 19th-century economist credited with developing the theory of rent—a thorough presentation of the history of this economic law, from the inscriptions on the clay tablets of ancient Babylonian merchants to statistics that portray the modern economy, is provided. Presenting readers with conceptual tools that will motivate them to reengage in the democratic process, this examination dispels the myths of contemporary fiscal policy while providing keen insights into the history, and future, of economics.

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Editorial Reviews

From the Publisher
"The fundamental reason why the welfare state of the past 60 years has not worked."  —The Guardian

"Fred Harrison describes in great clarity what some economists have been telling us for centuries."  —ROOF magazine

"Apart from everything else, it makes a splendid read and a wonderful quarry of relevant information."  —Working for a Sane Alternative Newsletter

"Presents a comprehensive assessment of Tony Blair's premiership and his Third Way Project."  —Journal of Economic Literature

Journal of Economic Literature
Presents a comprehensive assessment of Tony Blair's premiership and his Third Way Project.
Roof magazine
Fred Harrison describes in great clarity what some economists have been telling us for centuries.
Working for a Sane Alternative Newsletter
Apart from everything else, it makes a splendid read and a wonderful quarry of relevant information.
Read More Show Less

Product Details

  • ISBN-13: 9780856832413
  • Publisher: Shepheard-Walwyn Publishers, Limited
  • Publication date: 11/30/2006
  • Pages: 192
  • Product dimensions: 6.25 (w) x 9.25 (h) x 0.50 (d)

Meet the Author

Fred Harrison is the research director of the Land Research Trust and a former consultant to the Russian parliament on land and tax policies. He is a former chief reporter for Sunday People and the author of Boom Bust, The Corruption of Economics, Land and Taxation, The Losses of Nations, and The Power in the Land.

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Table of Contents


Prologue: Civil War by Other Means     1
Four Indictments     9
The Tax State
The Tax Clawback Scam     21
Ricardo's Law     33
Living on the Edge     47
Governance as a Science     59
Anatomy of a Dis-united Kingdom
Pulling Power: London     77
Castles in the Air: South East     94
To CAP it All: East of England     109
Economics of Life and Death: East Midlands     119
Brave New World: Yorkshire and Humberside     132
The Constituents of Tony Blair's Mind: North East     147
Barbarians Within
Beyond Hadrian's Wall     163
America's Constitution of Unhappiness     179
The Dis-abling State     199
The New Financial Architecture
The Economics of Equality     223
First Law of Social Dynamics     239
The New Mercantilism     263
The Judgement     277
Epilogue: A Personal Word     295
Select Bibliography     300
Index     305
Acknowledgements     313
About the Author     314
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