Wealth and Welfare.London: Macmillan and Co, Limited, 1912 Stock Code: 121098
NotesFirst edition, first impression, of Pigou's early work which established his reputation as a leading economist and which formed the basis for his major work, The Economics of Welfare (1920), which is considered to have "virtually created the subject of welfare economics" (ODNB). He was in many ways overshadowed through the first half of the twentieth century by the great Keynes whose ideas in no small part owed much to this important economist of the previous generation. The term "Pigou Effect" came to refer to the rise in consumption driven by the lowering of price. Keynes of course would later develop this idea into what we all know as the principles of supply and demand.
Octavo. Rebound in modern black quarter morocco, 2 green morocco labels to second and fourth compartments, spine ruled in gilt, raised bands, red cloth boards, marbled endpapers, relined, uncut edges.
A few nicks to fore edges and the occasional dampstain, otherwise a bright copy.
With the exception of framed items*, Peter Harrington offers free delivery on all UK orders of rare books, maps and prints placed through this website. Delivery to USA and the rest of the world is similarly free for orders over £200.
Established in 1969, Peter Harrington is one of the leading rare book firms in the world. It is a proud member of the Antiquarian Booksellers Association – along with ILAB, the PBFA and Lapada – and from shops in Mayfair and Chelsea, London, sells rare books, prints and ephemera to customers across the world.
Tel: +44 (0)20 7591 0220