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142 SAY, Jean-Baptiste. Traité d’économie politique, ou simple exposition de la manière dont se forment, se distribuent, et se consomment les richesses. Paris: Printed by Crapelet for Deterville, 1803 His masterpiece First edition of Say’s masterpiece, one of the great works of the classical period of economic thought. Initially not republished until 1814, partly due to Napoleon’s hostility to Say, the work thereafter went through 32 editions, and with Smith’s Wealth of Nations (whose doctrine Say expounded from an early age), became the most popular work on economics in the first half of the 19th century. “It was the first really popular treatise on political economy ever published in France; his main divisions and his terminology have become classical and have served as a model for innumerable subsequent treatises” ( Palgrave ). Despite early claims that his work was derivative of Smith, it has long been proved that Say ranks with Sismondi and Cournot in the originality of his contributions to economic theory, and Schumpeter calls his work “the most important of the links in the chain that leads from Cantillon and Turgot to Walras” (pp. 492–3). 2 volumes, octavo (197 × 122 mm). Contemporary tree sheep, twin red and tan morocco labels, smooth spines gilt in compartments, blue endpapers, yellow edges. Complete with half-titles. Wear at head of spine and front joint of vol. II, some very light toning and foxing but contents otherwise crisp and fresh; a handsome copy. ¶ Carpenter XXXIII (1); Einaudi 5118; En français dans le texte 207; Goldsmiths’ 18616; INED 4110; Kress B.4729; Mattioli 3236; Palgrave , III, p. 357. Joseph Schumpeter, A History of Economic Analysis , Routledge, 1987. £9,750 [148869]
141 SAMUELSON, Paul Anthony. Foundations of Economic Analysis. Cambridge, MA: Harvard University Press, 1947 Inscribed by the author, in dust jacket First edition, first impression, inscribed by the author on the title page, “For Andrew Rudd, Paul A Samuelson MIT, September 2007”, and retaining the rare jacket. Samuelson’s first book, based on his doctoral dissertation at Harvard University, was one of the most influential economic texts of the 20th century, establishing mathematics as the foundation of economics, rather than an addendum. “His doctoral dissertation is regarded by most economists as providing the mathematical foundations for contemporary economics . . . more than anyone else he bears responsibility for the mathematical bent of economics in the late 20th century” (Pressman, pp. 162–3). Samuelson demonstrates that the common mathematical structure underlying multiple branches of economics is based on a set of basic principles: the optimising behaviour of agents and the stability of equilibrium as to economic systems. Octavo. Original red cloth, spine lettered in gilt. With dust jacket. With the bookplate to front pastedown of historian, author and art collector Daniel M. Friedenberg, and ownership stamp of J. P. Miller to front free endpaper. Light sunning at extremities, a very good copy in good jacket, toned and chipped, some tape repair on verso. ¶ Fundaburk 2039; Mattioli 3186. Steven Pressman, Fifty Major Economists , Routledge, 2013. £8,750 [148875]
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Peter Harrington
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