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Description

Boston: Wells and Lilly, 1821. First American edition of this 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).

About Principles of Political Economy

This work by Thomas Robert Malthus discusses the economic theories related to production and distribution of wealth, providing a critique of contemporary economic theories.