Tag Archives: economy

David Ricardo

As Ricardo it defended the theory of the decreasing incomes in agriculture, believed that in the long run the profit taxes would tend to diminish and the competition would tend to equal all the taxes. From the analysis of these … Continue reading


Government Tax

Dornbusch (1991) distinguishes two basic exchange systems: the system of fixed taxes, where the Central bankings are the ranks for action of purchase and sales of its currencies to a firm price in terms of dollar, and of flexible taxes, … Continue reading