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An Inquiry into the Principles of Political Oeconomy

An Inquiry into the Principles of Political Oeconomy

An Inquiry into the Principles of Political Oeconomy

An Inquiry into the Principles of Political Oeconomy

by STEUART,SIR JAMES

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About This Item

Three volumes, octavo, contemporary pale Irish calf, contemporary dark red labels lettered and numbered gilt, slight wear to head and tails of volume II, pp. (4) + (8) + iii-xii + (6) + 426 + (2)adverts; (32) + 424; (8) + 431 + folding table of coins + (20), a fine and attractive copy.

Kress 6760. Goldsmith 10611. Higgs 4854. Blaug, Great Economists before Keynes, pp.241-242. Schumpeter, History of Economic Analysis, p.176.

First Dublin edition. The first important English work on political economy. James Steuart (1712-1780) is represented as someone who produced a systematic treatment of economics, but in pre-Physiocratic form. Although his book was first published in 1767, the main elements of the argument were established in isolation in Germany in the late 1750’s. The Principles is dominated by a concern with a socio-economic system in a situation where different national economies have different growth rates. Both perspectives ensured that the book was largely concerned with matters of economic policy, and have given the misleading claim that Steuart was a mercantilist. Steuart was particularly worried about population growth and his views bear an uncanny resemblance to the later views of Malthus.

David Hume is reported as being critical of the ‘form and style’ of the work but ‘exceedingly pleased’ with it as an ‘ingenious performance’ when he looked it over in manuscript in 1766. Whilst Steuart’s interventionist economic principles provoked Adam Smith to refute them in The Wealth of Nations, recent commentary has emphasized the continuity in Scottish economic thought from David Hume to James Steuart to Adam Smith.

Marx noticed him and he gradually enjoyed some attention from the members of the German Historical School in the 19th Century who appreciated his historical bent and his belief that economic development must be consciously managed by the state. More recently he has been hailed as a forerunner of the ‘economics of control’ and the concept of development planning.

This three volume Irish printing is rarely seen for sale.

Details

Bookseller
Hamish Riley-Smith Rare Books GB (GB)
Bookseller's Inventory #
biblio62
Title
An Inquiry into the Principles of Political Oeconomy
Author
STEUART,SIR JAMES
Book Condition
Used - Fine
Quantity Available
3
Publisher
James Williams and Richard Moncrieffe
Place of Publication
Dublin
Date Published
1770
Note
May be a multi-volume set and require additional postage.

Terms of Sale

Hamish Riley-Smith Rare Books

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About the Seller

Hamish Riley-Smith Rare Books

Seller rating:
This seller has earned a 5 of 5 Stars rating from Biblio customers.
Biblio member since 2014
Norwich, Norfolk

About Hamish Riley-Smith Rare Books

Obituary: Book dealer Hamish Riley-Smith (1941-2020), as published in The Antique Trade Gazette
Rare book specialist Hamish Riley-Smith, who died on August 10, did not originally intend to become a dealer.
He went to Trinity College Dublin, where he read economics and met our mother Brigitta (Gita) von Wagner. He planned to work in the family brewing business, John Smith's, and spent seven years learning the craft at Whitbread's. But after all the family interest in John Smith's was sold in 1972, he looked for a new career.
In 1974 he started Hamish Riley-Smith Rare Books. He had no formal training in the book business, other than an acute awareness of business and a degree in economics. He started, in his own words, as a runner, taking one book to another dealer and making a small margin.
Hamish quickly realised this was not for him and started to focus on Arabic and economic books and the social sciences. Through knowledge and research he built up a strong and friendly working relationship with the Japanese, travelling to Japan often. He also traded in Arabia, the US and Europe.
Sacks of catalogues
We can remember how sacks of catalogues would leave the house and go off to museums and institutions across the world, and answers would come back via telex. This was a world before the internet, mobile phones and faxes and computers were only just coming in.
Among his proudest sales were the 14th century Qur'an manuscript of Mameluk Sultan Al Malik Al Nasir Muhammad (pictured here); The Papers of Sir Roy Harrod; The library of Sir John Hicks; The Betjeman Library; typescript/manuscript of Ludwig Wittgenstein's Tractus Logico Philosophicus; The Felibriges Library of Musée Theodore Aubanel, Avignon; as well as collections of Isaac Newton; John Locke; Thomas Hobbes; Shakespeare; William Petty; Robert Owen and Adam Smith.
He was resolute in his independence and had many friends and colleagues in the book business, but he never did a book fair ("I am not a book fairy") and refused to join any trade associations.
He will be remembered by the family as a loving husband, father and grandfather, and a great source of fun and interest; for Hamish, above all, family came first. His business will continue to be run by his wife Gita and two sons, Damian, director of Paragraph Publishing, and Crispian, director of Crispian Riley-Smith Fine Arts Ltd.

Glossary

Some terminology that may be used in this description includes:

Fine
A book in fine condition exhibits no flaws. A fine condition book closely approaches As New condition, but may lack the...
Gilt
The decorative application of gold or gold coloring to a portion of a book on the spine, edges of the text block, or an inlay in...
Calf
Calf or calf hide is a common form of leather binding. Calf binding is naturally a light brown but there are ways to treat the...
Octavo
Another of the terms referring to page or book size, octavo refers to a standard printer's sheet folded four times, producing...

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