This man held that a tax equivalent to one on "the difference between the produce obtained by the employment of two equal quantities of capital and labor" would not lead to price increases, and he argued that exchange value and use value are not the same.
This man held that a tax equivalent to one on "the difference between the produce obtained by the employment of two equal quantities of capital and labor" would not lead to price increases, and he argued that exchange value and use value are not the same. His most famous work includes an example involving British cloth and Portuguese wine. He criticized the Corn Laws and wrote On the Principles of Political Economy and Taxation. For 10 points, name this British economist who espoused the ideas of the Iron Law of Wages and comparative advantage.
This man held that a tax equivalent to one on "the difference between the produce obtained by the employment of two equal quantities of capital and labor" would not lead to price increases, and he argued that exchange value and use value are not the same.
David {Ricardo}