8vo, pp. iv, 162; with 3 folding tables; a fine, crisp copy in contemporary mottled calf, panelled spine gilt with fleurons, red morocco lettering-piece; some surface abrasions to sides, corners and spine extremities rubbed.
US $0 €0
First edition. Louis Paul Abeille, inspector of manufactures and later secretary of the bureau of commerce, was initially an early supporter of Quesnay and an ardent Physiocrat for many years. He pleads here for free trade in corn, arguing that this would lead to increased production, increased revenue and thereby greater salaries. From the late 1760s Abeille, who had embraced almost merely the liberal, free-market aspects of physiocratic doctrines, became increasingly less involved with the group of economistes close to Quesnay, prepared to accept his all-encompassing philosophy. Like Condillac, whose fundamental belief in probability as a tool for understanding economic dynamics grated with Quesnay’s assumptions, Abeille was eventually ejected from the inner circle of Physiocrats.
Goldsmiths’10425; Higgs 4730; INED 10; Kress 6513.
You may also be interested in...
Études d’économie sociale (Théorie de la Répartition de la Richesse sociale).
This, the second, definitive edition differs from the first (1896) in containing the ‘Souvenirs du Congrès de Lausanne’. The congress on taxation in Lausanne in 1860, at which Walras read a paper, was a climacteric in his career. In the audience was Louis Ruchonnet, who later became chief of the department of education of the Canton de Vaud and, in 1870, founded a chair of political economy at the faculty of law of the University of Lausanne which he offered to Walras. Though students of law were hardly accessible to innovations in mathematical economics, Walras found in Lausanne the peace and security that enabled him to produce his most important work.
[SAY.] HODGSON, Adam.
A Letter to M. Jean-Baptiste Say, on the comparative Expense of free and slave Labour.
First edition, presentation copy, inscribed ‘With the Author’s best respects’ on p. [iii]. Four years after the fourth edition of the Traité d’économie politique, Hodgson, an Anglican Evangelical writing on behalf of the Liverpool branch of the Society for Mitigating and Gradually Abolishing Slavery, upbraids Say for having denounced ‘the slave-system as unjustifiable’ while admitting ‘that in a pecuniary point of view it may be the most profitable’ (p. 1). Say (whose reply was published at the end of the second edition, also 1823) later agreed with Hodgson’s case for the uneconomical nature of slavery.