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Details
RICARDO, David (1772-1823). On the Principles of Political Economy and Taxation. London: J. M'Creery for John Murray, 1817. 8° (217 x 136mm). Bound without adverts. (Spotting on the title and occasionally throughout, ink mark in the margin of 2K6.) Contemporary calf, sides with a narrow gilt roll border and blind fillet (rebacked, corners rubbed, somewhat soiled).
FIRST EDITION OF RICARDO'S FUNDAMENTAL CONTRIBUTION TO ECONOMICS, regarded as the first entirely scientific assessment of the subject. Ricardo's exact mathematical approach and careful deductive methods provided a model for future texts in the field. The 'principal problem in political economy,' as he defines it, is the 'laws' which regulate 'the natural course of rent, profits and wages' over time. His Principles considers these laws, as well as a labour theory of value, the theory of international comparative advantage, monetary theory, and the influence of taxation, with strictures on the writings of his predecessors and contemporaries. Goldsmiths' 21734; Kress B7029; PMM 277.
FIRST EDITION OF RICARDO'S FUNDAMENTAL CONTRIBUTION TO ECONOMICS, regarded as the first entirely scientific assessment of the subject. Ricardo's exact mathematical approach and careful deductive methods provided a model for future texts in the field. The 'principal problem in political economy,' as he defines it, is the 'laws' which regulate 'the natural course of rent, profits and wages' over time. His Principles considers these laws, as well as a labour theory of value, the theory of international comparative advantage, monetary theory, and the influence of taxation, with strictures on the writings of his predecessors and contemporaries. Goldsmiths' 21734; Kress B7029; PMM 277.