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1 ALLAIS, Maurice. Économie & Intérêt; Présentation nouvelle des problèmes fondamentaux relatives au rôle économique du taux de l’intérêt et de leurs solutions. Paris: Imprimerie Nationale, 1947 An exceptional copy First edition, an exceptionally nice copy. Économie et Intérêt is Allais’s second major publication, a massive work on capital and interest which has formed the basis for the so-called “golden rule of accumulation”: that to maximise real income, the optimum rate of interest should equal the growth rate of the economy. Allais did not publish in English until late in his career and as a result was slow to receive the international recognition that was his due. 2 volumes, octavo. Original printed paper wrappers, with the wraparound band. Housed in a black cloth solander box by the Chelsea Bindery. Spines lightly creased, slight tear to wraparound band, else a fine copy. ¶ The New Palgrave I , pp. 78–9. £3,250 [96946] 2 ANGELL, Norman. The Great Illusion. London: William Heinemann, 1910 First edition in book form, first impression, with a card pasted to the front pastedown inscribed from the author to Austrian economic historian Robert Eisler. In September 1909 Angell “published a pamphlet, Europe’s Optical Illusion , to warn that ‘the complex financial interdependence of the capitalists of the world’ ( Europe’s Optical Illusion , p. 44) made even a successful war of conquest counter- productive because of the high costs of the attendant economic dislocation; and a year later he issued a book-length version
under the title The Great Illusion . . . [It] became a best-seller, selling over a million copies, being translated into twenty-five languages, and transforming its author’s life” ( ODNB ). One of the most influential books of the first half of the 20th century, The Great Illusion is considered “the first practical discussion of the possibility of preventing war” ( DNB ). Eisler, who was the author of the Depression-era work Stable Money: The Remedy for the Economic World Crisis (1933), taught courses on monetary policy schemes at the Sorbonne in Paris and was affiliated with the Paris office of the League of Nations. Angell was a devoted member of the League of Nations Union from his time of joining the executive committee in 1925. Octavo. Original green cloth, spine and covers lettered in black. Extremities rubbed, spine ends and corners bumped, some foxing to contents, overall a very good copy. £375 [119679] 3 ARCO, Giambattista Gherardo d’. Della Influenza del Ghetto Nello Stato. Venize: Dalle stampe di Gaspare Storti, 1782 Opposing Jewish ghettoization First edition of this work addressing the delicate problem of Jewish communities in the cities of Europe at the end of the 18th century, and the concentration of mercantile activities in the hands of small Jewish groups; d’Arco proposes the gradual end of ghettoization, and the integration of the Jewish community into mainstream European life and culture. Although not expressly anti-Semitic, the work engendered controversy and reactions for its hostility to Jewish business practices, and for its claims that Jews felt natural animosity towards Christians. The most notable reaction was Benedetto Frizzi’s 1784 counterblast Difesa Contro gli Attacchi Fatti alla Nazione Ebrea ( Defence Against Attacks made to the Jewish Nation ),
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