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Principles of Economics - MARSHALL, Alfred - 1890. 
London: Macmillan and Co.,, 1890. Vol. I [all published]. Octavo. Finely bound by the Chelsea Bindery in dark blue morocco, titles to spine gilt, raised bands, burgundy endpapers. Ownership inscription of Daniel Bell to head of half title, with occasional ink side-ruling and marginalia. Leaf edges lightly toned; an excellent copy. First edition. Marshall's Principles, the first full version of his theories covering consumer demand, the supply of the agents of production ? land, labour, and capital ? the relationship between demand and supply and the creation of value, and the distribution of this value between the agents of production, proved to be one of the most influential and widely read economics treatises ever published. It went through eight editions in quick order. Marshall's Principles cannot readily be regarded as a radical manifesto but rather as the great work of "Neoclassical Economics", probably the clearest general statement of that particular school. "At the time of his death", J. M. Keynes wrote in the DNB, "he was recognised as the father of economic science as it then existed in England." The first edition is rare.
[Bookseller: Peter Harrington]
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