Principles of Political Economy Considered With a View to Their Practical Application
Boston: Wells and Lilly, 1821.
First Edition. Hardcover (Full Leather). Good Condition. Item #048324
Original full calf, worn at edges and hinges , slight bowing to covers. Internally with dampstains to upper corner, heavy browning to half title and final pages, and pervasive but mostly mild staining throughout not affecting legibility. Nearly very good, overall. viii, 472pp.
Though largely overlooked at the time of publication, it is in the principles that Keynes found "scientific explanation of unemployment" and that "the hundred-year domination of Ricardo over Malthus had been a disaster for the progress of economics" (ODNB). Malthus's theory that spending on both public works and private luxuries could alleviate recessions and downturns by creating demand and prosperity were well ahead of his time. This is the first US edition. Size: Octavo (8vo). Quantity Available: 1. Shipped Weight: Under 1 kilo. Category: Economics; Americana. Inventory No: 048324.