An Essay on the Principle of Population - Rev. Thomas Robert Malthus

1826 - John Murray, London - Sixth Edition
A finely bound early edition of this classic text proposing a limit to global human population, an important and influential work on economics. ‘There can be no doubt that [Keynes’] importance for economists today rests mainly on Principles of Political Economy. It was because of the latter work that J. M. Keynes reinstated Malthus as a major figure in modern economic thought’ - (New Palgrave: A Dictionary of Economics).

In his
Theory of Economic Analysis, Schumpeter, reviewing ‘Principles of Political Economy’, and Malthus’ presentation of the theory of demand and supply, comes to the conclusion that Malthus should ‘stand in the history of analysis not only as the author of a valid alternative to Ricardo's theory but as the sponsor (or rather as one of the sponsors) of the victorious one.’

‘If only Malthus, instead of Ricardo, had been the parent stem from which nineteenth-century economics proceeded, what a much wiser and richer place the world would be today’ - J. M. Keynes.
 
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Price HK$ 8,000



Principles of Economics. Vol. I. [all published]. - Alfred Marshall

1890 - Macmillan and Co., London - First Edition
A fine bright first edition of Marshall’s masterpiece, in the original cloth, and housed in a bespoke cloth clamshell case.

The seminal text of Neoclassical economics, effectively reconciling the classical and more modern theories of value by bringing together the principles of supply and demand, marginal utility and costs of production into a coherent whole. One of the few works in the history of economic thought that can claim to contain an original treatment of almost the entire economic theory of its time.

‘Marshall's great work is the classical achievement of the period, that is, the work that embodies more perfectly than any other, the classical situation that emerged around 1900 ... More than any other economist – with the exception, perhaps, of Pareto – Marshall pointed beyond himself....’ (Schumpeter).
 
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Price HK$ 80,000