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Lot 167
RICARDO, David (1772-1823). The Principles of Political Economy and Taxation. London: John Murray, 1817.
Closed13 December 2017
Price Realised
GBP 23,750
More Information
RICARDO, David (1772-1823). The Principles of Political Economy and Taxation. London: John Murray, 1817.
First edition of Ricardo’s fundamental contribution to the science of economics, and the first systematic approach to the subject. In this work, Ricardo address the ‘principal problem in Political Economy’, defined as the determination of the laws which regulate ‘the natural course of rent, profit, and wages’ over time. He also expands upon ideas put forward in Smith’s Wealth of Nations (1776) to outline a newly-developed labour theory of value, as well as theories on international competitive advantage and on the effect of taxation. ‘Ricardo was, in a sense, the first "scientific" economist’ (PMM); his exact mathematical approach and careful deductive methods provided a model for future study in the field. Goldsmith 21734; Kress B7029; PMM 277.
Octavo (210 x 130mm). (Some light spotting, without the publisher's advertisements at end as usual). Contemporary calf (expertly rebacked to style). Provenance: occasional light pencil annotations.
First edition of Ricardo’s fundamental contribution to the science of economics, and the first systematic approach to the subject. In this work, Ricardo address the ‘principal problem in Political Economy’, defined as the determination of the laws which regulate ‘the natural course of rent, profit, and wages’ over time. He also expands upon ideas put forward in Smith’s Wealth of Nations (1776) to outline a newly-developed labour theory of value, as well as theories on international competitive advantage and on the effect of taxation. ‘Ricardo was, in a sense, the first "scientific" economist’ (PMM); his exact mathematical approach and careful deductive methods provided a model for future study in the field. Goldsmith 21734; Kress B7029; PMM 277.
Octavo (210 x 130mm). (Some light spotting, without the publisher's advertisements at end as usual). Contemporary calf (expertly rebacked to style). Provenance: occasional light pencil annotations.
RICARDO, David (1772-1823). The Principles of Political Economy and Taxation. London: John Murray, 1817.
First edition of Ricardo’s fundamental contribution to the science of economics, and the first systematic approach to the subject. In this work, Ricardo address the ‘principal problem in Political Economy’, defined as the determination of the laws which regulate ‘the natural course of rent, profit, and wages’ over time. He also expands upon ideas put forward in Smith’s Wealth of Nations (1776) to outline a newly-developed labour theory of value, as well as theories on international competitive advantage and on the effect of taxation. ‘Ricardo was, in a sense, the first "scientific" economist’ (PMM); his exact mathematical approach and careful deductive methods provided a model for future study in the field. Goldsmith 21734; Kress B7029; PMM 277.
Octavo (210 x 130mm). (Some light spotting, without the publisher's advertisements at end as usual). Contemporary calf (expertly rebacked to style). Provenance: occasional light pencil annotations.
First edition of Ricardo’s fundamental contribution to the science of economics, and the first systematic approach to the subject. In this work, Ricardo address the ‘principal problem in Political Economy’, defined as the determination of the laws which regulate ‘the natural course of rent, profit, and wages’ over time. He also expands upon ideas put forward in Smith’s Wealth of Nations (1776) to outline a newly-developed labour theory of value, as well as theories on international competitive advantage and on the effect of taxation. ‘Ricardo was, in a sense, the first "scientific" economist’ (PMM); his exact mathematical approach and careful deductive methods provided a model for future study in the field. Goldsmith 21734; Kress B7029; PMM 277.
Octavo (210 x 130mm). (Some light spotting, without the publisher's advertisements at end as usual). Contemporary calf (expertly rebacked to style). Provenance: occasional light pencil annotations.
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