Principles of Political Economy, Considered With a View to their Practical Application.

Published by John Murray, London, 1820

  • First Edition
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Seller: Raptis Rare Books, Palm Beach, FL, U.S.A.Raptis Rare Books

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Item description from seller

First edition of this classic work regarding nature of labor, demand and profit. Octavo, original boards, retaining the original paper spine label. In very good condition. Ownership inscription from the African Society and stamp to the title page. Rare in the original boards. "There can be no doubt that [Malthus’] importance for economists today rests mainly on his Principles of Political Economy. It was because of this latter work that J. M. Keynes (1933) reinstated Malthus as a major figure in modern economic thought" (New Palgrave). "In his 'Principles of Political Economy', Malthus was proposing investment in public work and private luxury as a means of increasing effective demand, and hence as a palliative to economic distress. The nation, he thought, must balance the power to produce and the will to consume" (DSB). "The Principles had only a limited impact at the time, and was severely criticized by J. R. McCulloch and Ricardo; the latter prepared extensive critical notes. But more recently it has received greater recognition, largely as a result of the comments by J. M. Keynes in the 1930s. Keynes argued that Malthus's theory of effective demand provided a scientific explanation of unemployment, and that the hundred-year domination of Ricardo over Malthus had been a disaster for the progress of economics. Keynes believed that if economics had followed Malthus instead of being constrained by Ricardo in an artificial groove, the world would be a much wiser and richer place" (ODNB).…

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Bibliographic details

Title
Principles of Political Economy, Considered With a View to their Practical Application.
Author
Malthus, Thomas Robert
Publisher
John Murray, London
Publication year
1820
Edition
1st Edition
Seller catalogs
Economics and Finance

Raptis Rare Books

Palm Beach, FL, U.S.A.

5-star seller

AbeBooks seller since September 24, 2003

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Raptis Rare Books is an antiquarian book firm that specializes in fine first editions, signed and inscribed books, and landmark books in all fields. We have distinguished ourselves by having a reputation for handling unique and important books that are in exceptional condition. Our business model is simple: we strive to handle books that are in exceptional condition and to provide exceptional customer service. We specialize in working with private collectors with a specific wish list, helping individuals find the ideal gift for special occasions, and partnering with representatives of institutions. We are here to assist you in your pursuit and to be your guide in bringing the library of your imagination to reality. Please visit our rare book gallery located at 329 Worth Avenue in Palm Beach, Florida, visit our website, call us at 561.508.3479, or email us at mail@raptisrarebooks.com. Free gift wrapping available upon request.…

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Raptis Rare Books

329 Worth Avenue
Palm Beach, FL U.S.A. 33480