WITH A HISTORY OF FINANCIAL CRISES
ASCHEHOUG, Torkel Halvorsen.
Social-økonomik: en videnskabelig fremstilling af det menneskelige samfunds økonomiske virksomhed.
Christiania, H. Aschehoug, 1903–1908.
Three volumes bound in four, part III in two parts, pp. xvi, 549, [1] blank; xvi; 574; xv, [1] blank, 514; xv, [1] blank, [515]-1014, with a frontispiece portrait of the author in the final volume; a very good copy in contemporary half roan over marbled boards, spines gilt directly, edges marbled; extremities worn, a few joints tender, marbled edges; with a contemporary ownership inscription to the first two volumes, occasional pencil marginalia and a few contemporary ink marginal annotations.
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Social-økonomik: en videnskabelig fremstilling af det menneskelige samfunds økonomiske virksomhed.
First edition of a systematic handbook on economics written by the Norwegian lawyer, political scientist, politician, historian, and economist Torkel Halvorsen Aschehoug (1822–1909).
Aschehoug had a glittering career as an academic and politician, holding a professorship at the University of Christiania from 1852 until 1908 and serving in the Storthing, the Norwegian Parliament, from 1868 to 1882. Aschehoug became fully focused on economics from the mid 1880s, when he began to lecture solely on economics and statistics. The present work reflects the prodigious breadth of his expertise, weaving historical and social context into economic and statistical theory, resulting in a work that transcends his economic-historical foundation. Had he written in a more accessible language, his work would have gained much greater admiration.
Included in Aschehoug’s extensive survey is a substantial discussion of financial crises (vol. III. 2 pp. 772-841) where he analyses and discusses both past crises as well as historical and contemporary theory.