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SAMUELSON, Paul Anthony.

Foundations of Economic Analysis.

Cambridge, MA, Harvard University Press, 1947 Stock Code: 140024
£1,500.00
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Notes

First edition, first impression of this "milestone in the conversion of modern economists to the view that all economic behaviour can be studied as the solution to a maximization problem explicitly or implicitly employing the formulation of differential and integral calculus" (Blaug, Great Economists Since Keynes, p. 214). Here Samuelson demonstrates that the common mathematical structure underlying multiple branches of economics is based on a set of basic principles: the optimising behaviour of agents and the stability of equilibrium as to economic systems. For this work Samuelson was awarded the Nobel Prize in Economics in 1970.
Published as volume LXXX of the Harvard Economics Studies series.

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Description

Octavo. Original red cloth, spine lettered in gilt.

Condition

Spine ends and corners lightly rubbed, residual trace of a library tape shelfmark to foot of spine, but with no internal stamps. General title with small ink splash to fore-edge, a few corners a little dog-eared, still a very good copy.

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