MALTHUS, Thomas Robert (1766-1834). Principles of Political Economy. London: John Murray, 1820. 8° (215 x 127mm). (Contents leaves spotted.) Contemporary calf (rebacked, but spine rubbed, corners worn).
FIRST EDITION. While J. R. McCulloch and Ricardo severely criticised Malthus's Principles, J. M. Keynes argued that his theory of effective demand provided a scientific explanation of unemployment, making the hundred-year domination of Ricardo over Malthus a disaster for economics. Goldsmiths' 22767; Kress C.577.
MALTHUS, Thomas Robert (1766-1834). Principles of Political Economy. London: John Murray, 1820. 8° (215 x 127mm). (Contents leaves spotted.) Contemporary calf (rebacked, but spine rubbed, corners worn).
FIRST EDITION. While J. R. McCulloch and Ricardo severely criticised Malthus's Principles, J. M. Keynes argued that his theory of effective demand provided a scientific explanation of unemployment, making the hundred-year domination of Ricardo over Malthus a disaster for economics. Goldsmiths' 22767; Kress C.577.
