Definitions in Political Economy, preceded by an inquiry into the rules which ought to guide political economists in the definition and use of their terms.

MALTHUS Thomas Robert (1827.)

£3800.00  [First Edition]

Available to view at our Curzon Street shop.

“ONE OF THE EARLIEST WORKS ON THE METHODOLOGY OF ECONOMICS.”

First edition. Small 8vo (197 x 120mm). viii, 261, [3] pp. 20th century calf by Bayntun of Bath, spine with five single raised bands, the second panel lettered in gilt on a red morocco label, the rest outlined in gilt, boards with single gilt filet borders, edges in gilt, marbled endpapers. A fine copy. London, John Murray. 

The last work to be published in Malthus' lifetime and "one of the earliest works on the methodology of economics" (ODNB). "The only book-length work devoted solely to semantics to appear in the classical period" in which Malthus established four basic rules for defining and applying terms, demonstrating how these are “followed or violated by economists, including Smith, Say, Ricardo, James Mill, McCulloch and Bailey. In the penultimate chapter, he offers definitions of 60 key terms in political economy; the final chapter offers a discussion of problems that arise upon application of the definitions” (Redman, Rise of Political Economy, pp. 302f). "Definitions remains significant as an early contribution to the methodology of economics, and one which repays consideration in times of terminological confusion" (New Palgrave).

Provenance: bound for Samuel E Zeitlin of Chicago.

Einaudi, 3665; Goldsmiths', 25180; Kress, C.1924. 

Stock Code: 231009

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