Grundsätze der Volkswirtschaftslehre.
Rare first edition of Menger’s masterpiece, a work which “sets forth the views of one of the pioneers of the use of psychological concepts to explain the nature and determinations of value” (Batson). “The results of Menger’s studies appeared in his Grundsätze der Volkswirtschaftslehre, the work on which his fame mainly rests… it provided a more thorough account of the relations between utility, value, and price than is found in any of the works by Jevons and Walras, who at about the same time laid the foundation of the ‘marginal revolution’ in economics” (Friedrich von Hayek in IESS.)
Octavo (215 138 mm). Contemporary half cloth and marbled boards, spine decorated and lettered gilt. Small contemporary ownership inscription to title-page in ink with occasional pencil markings to the text. Spine extremities and corners lightly worn, boards rubbed. Front free endpaper removed.
Bibliography: Batson, p. 52; Einaudi 3831; Mattioli 2362; Menger, col. 86.Don't understand our descriptions? Try reading our Glossary