THÜNEN, Johann Heinrich von.
Der isolirte Staat in Beziehung auf Landwirtschaft und Nationalökonomie,
oder Untersuchungen über den Einfluß, den die Getreidepreise, der Reichthum des Bodens und Abgaben auf den Ackerbau ausüben.
Scarce second edition, revised and expanded, of the first part of Thünen’s (1783-1850) key work. Presentation copy inscribed by the author to his son on verso of front free endpaper: “Seinem lieben Sohn Heinrich zum dauernden Andenken, vom Verfasser, Tellow der 25. Dec. 1842”. A pioneering economic study on agriculture, the second edition contains Thünen’s major theories, including the analysis of rent, location and resource allocation. As Thünen states in the preface, important additions have been made, particularly to the ‘statics of the soil’ and the ‘theory of rent’, which form two central ideas of his theory (Thunen, p. v). Of this economic classic Schumpeter writes: “If we judge [Thünen and Ricardo] exclusively by the amount of ability of the purely theoretical kind that went into their work, then, I think, Thünen should be placed above Ricardo or indeed above any economist of the period, with the possible exception of Cournot” (Schumpeter, Critical Assessments, p.29).
Octavo (207 x 124 mm). Contemporary dark brown half calf, red marbled boards, spine gilt in compartments, titles to spine gilt. With 3 folding tables and 2 hand-coloured folding diagrams. Bookseller’s ticket to front pastedown. Corners a bit bumped and worn, spine ends and joints lightly rubbed, minor wear to edges of boards, prelims and endmatter slightly foxed, margin of text block gently toned with occasional spotting.
Bibliography: Goldsmiths' 32592 and 36776; Humpert 7984; Kress C.5974; Menger, cols 99 and 1013.Don't understand our descriptions? Try reading our Glossary