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ISNARD, Achylle Nicolas.

Traité des richesses,

contenant l'analyse de l'usage des richesses en général & de leurs valeurs; les principes & les loix naturelles de la circulation des richesses, de leur distribution, du commerce, de la circulation des monnoies & de l'impôt, & des recherches historiques sur les révolutions que les droits de propriété publics & particuliers ont éprouvées en France depuis l'origine de la monarchie.

Published: London and Lausanne: François Grasset, 1781

Stock code: 100452

Price: £11,250

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First edition, “extremely rare” (The New Palgrave), of “one of the most important contributions in the history of the development of mathematical economics” (Theocharis, Early Developments in Mathematical Economics, p. 62). “His book is remarkable for its mathematical treatment of production, capital, money and the theory of exchange” (Blaug). Although influenced by Physiocratic thought, he rejected the theory that only the land is productive and was in many respects surprisingly modern. Isnard was one of the first writers to attempt a mathematical definition and a mathematical proof of an economic equilibrium. For a detailed analysis of this pioneering work, see the long note by R. F. Hébert in The New Palgrave.

2 volumes, octavo (190 118 mm). Contemporary mottled calf, flat spines gilt in compartments, richly gilt with floral and foliage decorations, red and green morocco labels, titled and numbered in gilt, marbled endpapers, red edges. Housed in a brown cloth flat back box. Half-title to volume I, titles with woodcut vignettes. Half-title to volume I and title to volume II each with a small library ink stamp, contemporary ownership inscription of Isore de Cauvigny to both volumes. Complete with the errata leaves at the end of volume I. Spine ends restored, fore-edge of rear board of volume I and corners worn; a very good copy.

Bibliography: Einaudi 2994; Goldsmiths' 12121; INED 2322; Kress B.374; Mattioli 1692.

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