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Principles of political economy : considered with a view to their practical application
First Edition London John Murray, Albermarle-Street 1820 First edition, with the rare 4-page publisher's catalog, dated April 1820, tipped in at the front. 8vo: vi, 601, [1]pp. "London: Printed by C. Roworth, Bell-yard, Temple-bar." on the colophon and title-page verso, as called for. Bound in the original publisher's drab blue paper-covered boards, uncut and largely unopened, with brown paper spine and remnants of the original printed label still legible. Internally, fresh and bright with only occasionally spotting, the original spine largely perished but restored sensitively by an expert conservationist, the boards somewhat stained and bumped but thoroughly original, the hinges reinforced. Provenance: small owner's book label, probably contemporary, partly effaced, reading T ? Cobb. Preserved in an attractive clamshell case with a leather spine label gilt. An unsophisticated copy of a truly rare, important, and desirable book, a cornerstone of economic thought and a major influence on other scientific endeavors, including the principles of evolution developed by Charles Darwin and Alfred Russell Wallace. OCLC Number: 2007966.The title of Malthus's final major work is "something of a misnomer, as the book was conceived as a series of tracts rather than a comprehensive and systematic treatise. . . . The Principles had only a limited impact at the time, and was severely criticized by J. R. McCulloch and [David] Ricardo; the latter prepared extensive critical notes. But more recently it has received greater recognition, largely as a result of the comments by J. M. Keynes in the 1930s. Keynes argued that Malthus's theory of effective demand provided a scientific explanation of unemployment, and that the hundred-year domination of Ricardo over Malthus had been a disaster for the progress of economics. Keynes believed that if economics had followed Malthus instead of being constrained by Ricardo in an artificial groove, the world would be a much wiser and richer place." (ODNB)
      [Bookseller: Fine Editions Ltd.]
Last Found On: 2017-03-04           Check availability:      Direct From Seller    

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