TURGOT, Anne Robert Jacques.

Réflexions sur la formation et la distribution des richesses.

[No place]: no printer, 1788 Stock Code: 142055
£12,500.00
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From the library of Michel Chevalier

First edition in book form of Turgot's Réflexions, a milestone in the history of economic thought, which exerted a major influence on Adam Smith, from the library of French economist and follower of Saint Simon, Michel Chevalier. Written in 1766, it first appeared in 1769-70 in the Ephémérides du citoyen.

"The Réflexions is a remarkable book, containing not only the skeleton of the structure of Adam Smith's Wealth of Nations, particularly the concept of the division of labour, the distinction between the market and the natural equilibrium price of commodities, and the stress on the volume of real savings as the prime determinant of an economy's rate of growth, but going beyond Adam Smith in the analysis of the relation between profit and interest and the clear statement of the law of diminishing returns in agriculture" (Blaug, Great economists before Keynes, pp. 254-255).

"Undoubtedly one of the most eminent 19th-century French economists, Chevalier belongs to that most typical brand of engineer-economists. First in his class (major) at the École Polytechnique in 1830 and member of the Corps des Mines as an economist, Chevalier came very early under the spell of Saint-Simon's utopian doctrine." (P. Bridel in The New Palgrave).

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Description

Octavo (205 x 130 mm). 19th century quarter calf and marbled boards, spine richly decorated gilt, marbled endapers, top edge gilt, silk ribbon marker.

Condition

With the engraved bookplate of French economist Michel Chevalier to the front pastedown. Joints cracked and neatly strengthened, corners rubbed; fore and lower edges uncut; occasional light spotting and the odd rust mark; a very good copy.

Bibliography

Einaudi 5772; En français dans le texte, 165; Goldsmiths' 13536; INED 4362; Kress B.1506; Mattioli 3673; McCulloch, p. 7 ('This is the best of all the works founded on the principles of the Economists; and it is in some respects the best work on the scien

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