TENANT’S GAIN NOT LANDLORD’S LOSS

Tenant’s Gain not Landlord’s Loss, and some other economic Aspects of the Land Question.

Edinburgh, David Douglas, 1883.

8vo, pp. xi, [1, blank], 173, [3, blank,], 28 [publisher’s advertisements]; uncut in the original publisher’s cloth, front board and spine lettered in gilt, brown endpapers; very slightly skewed, corners a little bumped, lightly rubbed at extremities, otherwise a very good copy; ink ownership inscription ‘Carlingford 1883’ to half-title (see below), some blue pencil underlining and marginalia, bookplate removed from front pastedown.

£250

Approximately:
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First edition. ‘The vitality of popular fallacies is remarkable, and the old mercantile notion of trade that one man’s gain is necessarily another man’s loss still prevails as regards compensation for agricultural improvements. The exposure of this and other fallacies is one of the aims of this volume’ (p. [v]).

Nicholson (1850–1927) was Professor of Political Economy at the University of Edinburgh from 1880 to 1925. ‘In the tradition of Smith, Ricardo, and J. S. Mill, his Principles of Political Economy (1893), although eclectic and dwarfed by Marshall’s work, was thought by Schumpeter to be a “creditable achievement”’ (The New Palgrave).

Provenance: ‘Carlingford’ is surely the politician Chichester Samuel Parkinson-Fortescue, 1st Baron Carlingford, Lord Privy Seal 1881–5 and Lord President of the Council 1883–5.

Cossa, p. 198.

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