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SMITH, Adam (1723-90). An Inquiry into the Nature and Causes of the Wealth of Nations. London: for W. Strahan and T. Cadell, 1776.
2 volumes, 4° (c.268 x c.212mm). With the half-title in volume 2, and with the adverts printed on verso of last leaf in volume 2. (Without the final blank in volume 1, occasional light scattered spotting, volume 2 with margins evenly yellowed and with somewhat heavier spotting; light marginalia in leaf H4 of volume 1.) Modern calf to style, by John Henderson of York, spines gilt in compartments, red morocco labels, sides with a gilt twisted rope tool border. Provenance: ‘S.E.’ (initials in top margin of volume 2 title) – Warwick Free Library (stamp and de-accession stamp in the half-title of volume 2, and stamp in the margin of pages 61 and 345).
FIRST EDITION OF 'THE FIRST AND GREATEST CLASSIC OF MODERN ECONOMIC THOUGHT' (PMM). In his Wealth of Nations, Smith 'begins with the thought that labour is the source from which a nation derives what is necessary to it. The improvement of the division of labour is the measure of productivity and in it lies the human propensity to barter and exchange... it ends with a history of economic development, a definitive onslaught on the mercantile system, and some prophetic speculations on the limits of economic control... Where the political aspects of human rights had taken two centuries to explore, Smith's achievement was to bring the study of economic aspects to the same point in a single work' (PMM). With, as often, cancels M3, Q1 U3, 2Z3, 3A4 and 3O4 in volume 1, and D1 and 3Z4 in volume 2. Goldsmith 11392; Grolier English, 57; Kress 7621; PMM 221; Rothschild 1897.
2 volumes, 4° (c.268 x c.212mm). With the half-title in volume 2, and with the adverts printed on verso of last leaf in volume 2. (Without the final blank in volume 1, occasional light scattered spotting, volume 2 with margins evenly yellowed and with somewhat heavier spotting; light marginalia in leaf H4 of volume 1.) Modern calf to style, by John Henderson of York, spines gilt in compartments, red morocco labels, sides with a gilt twisted rope tool border. Provenance: ‘S.E.’ (initials in top margin of volume 2 title) – Warwick Free Library (stamp and de-accession stamp in the half-title of volume 2, and stamp in the margin of pages 61 and 345).
FIRST EDITION OF 'THE FIRST AND GREATEST CLASSIC OF MODERN ECONOMIC THOUGHT' (PMM). In his Wealth of Nations, Smith 'begins with the thought that labour is the source from which a nation derives what is necessary to it. The improvement of the division of labour is the measure of productivity and in it lies the human propensity to barter and exchange... it ends with a history of economic development, a definitive onslaught on the mercantile system, and some prophetic speculations on the limits of economic control... Where the political aspects of human rights had taken two centuries to explore, Smith's achievement was to bring the study of economic aspects to the same point in a single work' (PMM). With, as often, cancels M3, Q1 U3, 2Z3, 3A4 and 3O4 in volume 1, and D1 and 3Z4 in volume 2. Goldsmith 11392; Grolier English, 57; Kress 7621; PMM 221; Rothschild 1897.
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