First edition and the publisher's retained copy of Arthur Cecil Pigou's The Economy and Finance of the War
The Economy and Finance of the War: Being a Discussion of the Real Costs of the War and the Way in Which They Should be Met.
Pigou, Arthur Cecil.$300.00
Item Number: 106235
London, Paris and Toronto: J.M. Dent & Sons Limited, 1916.
Publisher J.M. Dent & Sons’s own retained first edition of Pigou’s treatise on the economic problems connected with World War I. Octavo, original cloth. With the publisher’s stamp to the front panel and front free endpaper reading “File Copy”. In near fine condition.
As a teacher and builder of the School of Economics at the University of Cambridge, English economist Arthur Cecil Pigou trained and influenced many Cambridge economists who went on to take chairs of economics around the world. His work covered various fields of economics, particularly welfare economics, but also included Business cycle theory, unemployment, public finance, index numbers, and measurement of national output. Pigou had strong principles, and these gave him some problems in World War I. He was a conscientious objector to military service when it required an obligation to destroy human life. He remained at Cambridge, but during the vacations was an ambulance driver at the front for the Friends' Ambulance Unit, and insisted on undertaking jobs of particular danger. Towards the end of the war he reluctantly accepted a post in the Board of Trade, but showed little aptitude for the work.