Thoughts and Details on the high and low Prices of the last thirty Years.

London, John Murray, 1823.

8vo, 4 parts in 1 vol., pp. viii, 220 + folding tables; viii, 61, [1]; 185, [1]; 85, [1]; + Appendix 77, [1]; a clean crisp copy in contemporary half calf with marbled sides, skilfully rebacked.

£750

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Thoughts and Details on the high and low Prices of the last thirty Years.

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First edition of Tooke's first work, discussing the influence of climatic conditions and changing demand on agricultural prices. ‘During the three years which followed the Resumption Act of 1819 prices of nearly all commodities decreased, and the opinion that the fall in prices was the result of the return to cash payments gained support. Tooke’s efforts during his early years as an active economist were devoted to the defence of the resumption and the refutation of the claims that it was responsible for the decline in prices and associated crises’ (ODNB). Tooke was one of the earliest supporters of the free-trade movement and in support of these principles, he, along with Ricardo, Malthus, James Mill, and others founded the Political Economy Club in April 1821.

Goldsmiths 23825; Kress C.31163; not in Einaudi.

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