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COURNOT, Antoine Augustin.

Principes de la Théorie des Richesses.

Paris, L. Hachette et Cie, 1863 Stock Code: 123005
£2,250.00
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Notes

First edition. Cournot was the first "to visualize the general interdependence of all economic quantities and the necessity of representing this cosmos by a system of equations" (Schumpeter, History of Economic Analysis, 1986, p. 467). In 1838 he published Recherches sur les Principes Mathématiques de la Théorie des Richesses. Perhaps because he was primarily a mathematician and his work contained technicalities to which economists had been previously unaccustomed, it went almost unnoticed until its significance was recognized by Marshall, Walras and Jevons. The present work states his theory without the mathematics and develops it into a systematic doctrine. Because in the Recherches he "treated only questions where mathematical analysis was applicable... the product was not a complete treatise on political economy but a selection of contributions to various specific topics" (Theocharis, Early Developments in Mathematical Economics, p. 200). In the Principes the results are united.

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Description

Octavo (212 x 130 mm). Contemporary French brown quarter roan, spine with raised bands with blindstamp roll decoration, gilt lettered, marbled paper sides, speckled edges, marbled endpapers.

Condition

Spine faded, joints and corners lightly rubbed; occasional light spotting; a very good copy.

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