8vo, pp. xiii, , 560, ; with numerous half-tone illustrations and diagrams throughout; original publisher’s cloth, spine lettered gilt, worn.
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Étude des mouvements et des temps... troisème édition traduit de l’américain par Le Bureau des Temps Élémentaires.
Third edition, first published in 1937.
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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.
JEVONS, Herbert Stanley.
Essays on economics.
First edition of Herbert Stanley Jevons’ essays, on pleasure and pain, utility, labour, exchange and capital, rent, and production, inscribed to his Chicago associate J.D. Thompson (see item 23). In the introduction he mentions his father’s work in discussion of ‘the hedonic school’ of economics, whose philosophy he invokes in his opening declaration: ‘The motive which underlies almost all the actions of men is a desire to experience pleasure and avoid pain’ (p. 1). Herbert classifies his own argument as ‘characteristic of the hedonic school’, but with a more than characteristically mathematical treatment. Motivated by consideration for ‘the general reader’ he uses ‘graphic illustrations’ rather than algebraic equations (pp. 14-15).