The Principles of Political Economy

London: Macmillan and Co, 1883. First Edition. Original cloth. very good+. SIDGWICK, Henry. The Principles of Political Economy. Macmillan and Co., London, 1883. 1 leaf + half-tile + TP + [v] - vi = preface + [vii] - xx = contents + 1 leaf = “corrigenda” + 1 - 591 + 1 leaf. Octavo. First Edition.

First edition of Sidgwick’s philosophical attempt to merge the neoclassical and classical economic theories of the time. ”Sidgwick's attempt to bring professorial rigour and detachment to bear upon the major questions of policy and legislation. The Principles of Political Economy (1883) was an intellectually conservative work in two ways: first, its analytical or deductive method signalled its adherence to the style of classical political economy, rather than adopting the more historical or more mathematical approaches then in vogue; and second, it included within the scope of the subject not just the 'science' of economic analysis, but also the 'art' of political economy, that is, an examination of the (limited) role of state action in economic life. Implicitly, the work attempted to fend off the twin challenges to the status of traditional political economy posed by the late nineteenth-century enthusiasm for socialism and sociology" (ODNB).

CONDITION: Good to very good in original red publisher’s red cloth boards, gilt lettering to spine. Moderate wear to covers, especially top edge of spine with some loss. Light residue of library sticker to bottom of backstrip. Ex-library markings to half and TP (discarded from Union Theological Seminary, New York). Pages bright and clean.

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