Political Arithmetic. Containing Observations on the present State of Great Britain; and the Principles of her Policy in the Encouragement of Agriculture.
Addressed to the Oeconomical Societies established in Europe. To which is added, a memoir on the corn trade: drawn up and laid before the commissioners of the treasury. By Governor Pownall. [With:] [Political Arithmetic. Part II. Containing considerations on the means of raising the supplies within the year. Occasioned by Mr Pulteney's pamphlet on that subject.]
First edition, the most complete statement of Young’s general economic philosophy, this is “one of his best works, and indeed his reputation as an economist rests primarily upon it” (Gazley). Young considered the book one of his best, and it immediately received several translations into European languages. In it he discusses a wide range of politico-economic subjects, including taxation, prices, food, population and the balance of trade. He further devotes a considerable section of the book to an “examination of false propositions” including a “reply to de Quesnay’s Maximes in the Encyclopédie”. Part II, published in 1779, is extremely rare.
Two parts in 1 volume, octavo (210 128 mm), pp. xii, , 366 + advertisement leaf; 78 + advertisement leaf. Contemporary marbled boards, rebacked in calf, original calf corners, spine ruled and direct lettered gilt. From the library of Arthur Young, with his bookplate to the front pastedown. Library stamp of the Royal Agricultural Society of England to title verso and final text leaf. Corners worn, with loss of leather exposing the boards underneath. Bound without the half-title and title to the second part. Occasional light spotting, else a very good copy.
Bibliography: Amex 502; Goldsmiths' 11103; Higgs 5881 & 5882; Kress 7066. See Gazley, The Life of Arthur Young, p. 86ff.Don't understand our descriptions? Try reading our Glossary