BONNET, Victor.

Questions économiques et financières à propos des crises.

Paris: Guillaumin et Cie., 1859 Stock Code: 114786
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An influence on Walras

First edition of the financial publicist and editor's work on the role of currency reform in economic crises. Bonnet (1814-1889) "became a counsellor of state and a member of the Institute. He wrote in the Revue des Deux Mondes from 1860 to 1884, in favour of the monopoly of a bank of circulation, a single standard (gold), indirect taxation, and a reduction of the expenses of the budget" (Palgrave, p. 164). Walras, who held Bonnet in high regard, was considerably influenced by his theories. "Sur le plan personnel leurs contacts sont fréquents. Sur le plan politique les deux auteurs appartiennent au même milieusensible aux questions d'impôts et des associations populaires. Ainsi, à l'occasion de débats touchant aux questions de politique monétaire et financière, Walras et Bonnet se retrouvent dans le même camp. Aussi, Bonnet intervient-il à plusieurs reprises pour aider Walras à trouver un emploi; Walras, à son tour, exécute pour lui quelques travaux. Enfin, les concepts et les théories de Bonnet en matière financière semblent, comme nous le verrons, structurer et orienter l'approche de Walras" (On a personal level, they were in frequent contact. On a political level, they belonged to the same circles, those particularly sensitive to issues surrounding taxation and social assocations. During debates on monetary and financial policy issues, they found themselves on the same side. Bonnet intervened on several occasions to help Walras find a job; Walras, in turn, completed some work for Bonnet. Bonnet's concepts and theories in financial matters seem to structure and guide the Walrasian approach) (Baranzini, p. 451). Bonnet is also cited by Hayek in his Pure Theory of Capital (1941) as being one of the more important theorisers of commercial crises at the time.

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Octavo. Original buff paper wrappers printed in black, unopened. With the glassine wrappers.


Spine partially split, sewing still firm, a little light spotting and marginal soiling, overall a very good copy.


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