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2020-09-05 15:07:04
MORTIMER, Thomas.
The Elements of Commerce, Politics and Finances,
London: for the Author; and sold by Hooper; Whiston; Payne; Hingeston; Wilson and Nichols [& 8 others in London],, 1772. MAJOR ECONOMICS TREATISE BEFORE SMITH Quarto (273 x 206 mm). Near contemporary diced russia, triple-rule gilt border to boards, spine decorated gilt in compartments, doublures and board edges gilt, marbled endpapers, red edges. Engraved armorial bookplate of Lord Sandys to front pastedown. Front joint cracked at head but still firm, head of spine glued. Occasional light spotting; a very good copy with generous margins. First Edition of Mortimer's most important work. Thomas Mortimer (1730-1810) was a major English mercantilist, one of the earliest experts on the operation of the stock exchange established in the coffee-house of London's Change Alley, having lost "a genteel fortune" himself in speculating there. His earlier work, Every Man His Own Broker (1761 and frequently reprinted), is considered the first guide to the stock exchange and was fiercely critical of the activities of "stock-jobbers". The Elements of Commerce is his most substantial economic treatise, as reflected in its authoritative large quarto format. It retains much material on the stock market from his earlier work, including his famous explanation of bull and bear markets, augmented with excellent sections on the benefits of the American colonies and of Indian affairs, as well as on the origin of the Bank of England and banks in general. His text is preceded by a long list of authors consulted, and he discusses the theories of Berkeley, Hume, Pinto, Postlethwayt, Price and others. … [Click Below for Full Description]
Bookseller: Peter Harrington [United Kingdom]
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