ROGERS, Edward.

An essay on some general principles of political economy, on taxes upon raw produce, and on commutation of tithes.

London: printed for Henry Butterworth, Law Bookseller, 1822 Stock Code: 120724
£3,750.00

"The first mathematical critique of Ricardo's Principles", inscribed by the author

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Notes

First edition of Rogers's mathematical economics pamphlet, presentation copy, inscribed by the author on the front wrapper, "To Charles Wetherell Esq. MP. with the Author's Compliments", underneath the crossed-out inscription, "To the Earl of Liverpool". At the time of the inscription the English politician and judge Charles Wetherell represented Oxford as MP.

Economics historian James Henderson has argued that, after Lloyd's Essay on the Theory of Money (1771) and Samuel Turner's Letter addressed to the Right Hon. Robert Peel (1819), this is the third publication to employ mathematics in economic analysis. "This pamphlet has not received the recognition it deserves, which is surprising since it was the first mathematical critique of Ricardo's Principles" (p. 150) and significantly shaped later contributions to mathematical economics by figures such as William Whewell, who mentioned Rogers in his first paper on the subject (1829). "I have been reading Rogers' pamphlet which seems very tolerably clear-headed, though not very striking as to general views - but it is no small merit as it keeps him out of mischief which cleverer men get into" (letter to Richard Jones, p. 11).

Sraffa notes that while "Kress asserts this is the second edition, and that the first had been published in 1820 this is probably a ghost" (p. 504), and the earliest recorded on WorldCat is this 1822 edition. There appear to have been two issues, one printed anonymously and one where the author's name appears on the title page in full, as is the case with this copy. Sraffa records three copies of the latter (Kress, Australian National Library, British Library).

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Description

Octavo (227 x 145 mm). Contemporary drab paper wrappers, sewn as issued, uncut edges. Housed in a blue card folder.

Condition

Library sticker to half-title. Wrappers browned and worn, contents occasionally spotted, otherwise a bright, clean copy.

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