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The Principles of Political Economy.
London: Macmillan and Co.,, 1883. Octavo (210 × 130 mm). Contemporary prize binding of black full morocco by J. Low for the Law Society, flat bands tooled in gilt to spine forming compartments, second and fourth gilt-lettered direct, remaining compartments richly gilt with floral design, foliate border-roll to covers gilt, Law Society crest to front gilt, all edges gilt, inner dentelles gilt, marbled endpapers. Contemporary prize-plate to front pastedown. Corners and joints slightly rubbed. An excellent copy in a handsome binding. First edition, along with The Elements of Politics (1891), one of two works representing "Sidgwick's attempt to bring professorial rigour and detachment to bear upon the major questions of policy and legislation. The Principles of Political Economy (1883) was an intellectually conservative work in two ways: first, its analytical or deductive method signalled its adherence to the style of classical political economy, rather than adopting the more historical or more mathematical approaches then in vogue; and second, it included within the scope of the subject not just the 'science' of economic analysis, but also the 'art' of political economy, that is, an examination of the (limited) role of state action in economic life. Implicitly, the work attempted to fend off the twin challenges to the status of traditional political economy posed by the late nineteenth-century enthusiasm for socialism and sociology" (ODNB).
      [Bookseller: Peter Harrington]
Last Found On: 2017-06-22           Check availability:      Biblio    

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