Grundsätze der Volkswirtschaftslehre.Vienna, Wilhelm Braumüller, 1871 Stock Code: 98691
NotesRare 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.)
Octavo (215 x 138 mm). Contemporary half cloth and marbled boards, spine decorated and lettered gilt.
Small contemporary ownership inscription to title-page in ink with occasional pencil markings to the text. Spine extremities and corners lightly worn, boards rubbed. Front free endpaper removed. A very good copy.
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