Grundsätze der Volkswirtschaftslehre.
Erster, allgemeiner Theil (all published).
Vienna: Wilhelm Braumüller, 1871 Stock Code: 140228
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.)
Description
Octavo (219 x 140 mm). Contemporary quarter roan and marbled boards, vellum tips, spine ruled and lettered gilt.
Condition
Dutch bookbinder's ticket to front pastedown. Head of spine chipped, joints rubbed and partly cracked, cords still very firm. Title and dedication leaf stained and with offset from a clipping pasted to the title verso. Occasional light spotting and side-ruling in blue crayon; a very good copy.
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