Details
JEVONS, William Stanley (1835-1882). The Theory of Political Economy. London and New York: Macmillan, 1871. 8° (225 x 147mm). A few diagrams in the text. Bound with 48-page publisher's catalogue dated May 1871. (Some spotting.) Original brick-red cloth, spine titled in gilt, sides panelled in blind (light soiling, extremities lightly rubbed, rear joint starting). Provenance: J. Galt & Co. (bookseller's small blind-stamp) -- Ronald Philipps (title signature).
FIRST EDITION of the outstanding work of 'one of the most genuinely original economists who ever lived' (Schumpeter). In 'the discovery of the connexion between value in exchange and final (or marginal) utility [the central theme of The Theory] the priority belongs to Gossen, but this in no way detracts from the great importance of the service which Jevons rendered to English economics by his fresh discovery of the principle, and by the way in which he ultimately forced it into notice' (Encyc. Brit.).
FIRST EDITION of the outstanding work of 'one of the most genuinely original economists who ever lived' (Schumpeter). In 'the discovery of the connexion between value in exchange and final (or marginal) utility [the central theme of The Theory] the priority belongs to Gossen, but this in no way detracts from the great importance of the service which Jevons rendered to English economics by his fresh discovery of the principle, and by the way in which he ultimately forced it into notice' (Encyc. Brit.).