First Edition of Malthus' The Principles of Political Economy
Principles of Political Economy Considered with a View to Their Practical Application.
Malthus, Thomas Robert (T.R.).$1,100.00
Item Number: 23029
Boston: Wells and Lilly, 1821.
First American edition of a landmark work in political economy. Octavo, bound in three quarters leather over marbled boards, black leather morocco spine label. In near fine condition.
In his Principle of Political Economy, Malthus was proposing investment in public works and private luxury as a means of increasing effective demand, and hence as a palliative to economic distress. The nation, he thought, must balance the power to produce and the will to consume" (DSB).