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Summa de Tratos y Contratos...anadidas ala primera addition, muchas nueuas resoluciones. Y dos libros enteros, como parace en la pagina siguente.
by MERCADO, Fray Thomas de
- Used
- Hardcover
- Condition
- See description
- Seller
-
Norwich, Norfolk, United Kingdom
Payment Methods Accepted
About This Item
The School of Salamanca and the Quantity Theory of Money
THOMAS DE MERCADO, Fray.
Summa de Tratos y Contratos...anadidas ala primera addition, muchas nueuas resoluciones. Y dos libros enteros, como parace en la pagina siguente. Seville, Hernando Diaz 1571
Thick quarto, 20.0 x 14.0cm, quarter vellum and cloth boards, five raised bands, spine lettered gilt, leaf edges gilt, some wormholes neatly restored in the blank margins, two parts in one volume, [12] leaves + 154 leaves [misnumbered]; 220 leaves [misnumbered] + [14 ] leaves tablo, title with engraved woodcut of a friar holding a model of the church in his left hand and a quill in his right hand, printers ornamental woodcut initials, printed marginalia.
Palau, IX p.91 165052. Colmeiro, 279. Smith, Rara Arithmetica p.335. Schumpeter, pp.95, 101. Kress 105. Goldsmith 155. Not in Einaudi or Sraffa.
See Marjorie Grice-Hutchinson, The School of Salamanca. Readings in Spanish Monetary Theory 1544-1605.Oxford 1952 pp.2-18; 40-51, 96-102.
Second edition, enlarged from the first edition of 1569, of the first description of the quantity theory of money. The concept was developed in the 16th century due to the flow of treasure into Spain from the Americas. By 1550 prices had more than doubled. At this time Spanish economists at the University of Salamanca began to attribute the fall in the purchasing power of money with the increase in the circulation of money brought about by the imports of gold and silver from America. Tomas de Mercado [1525-1585] was a Dominican friar from Mexico, who journeyed to Spain and lived for some years in Seville and Salamanca. Little is known of his early life, except that he wrote several learned commentaries on Aristotle. This handbook on commercial morality for merchants gives a vivid picture of the inflationary economy of the period and of business life in Seville. He died in 1585 on board ship taking him home to Mexico.
The work is an example of Spanish scholastic economics. Schumpeter defined the scholastics as coming "nearer than does any other group to having been 'founders' of scientific economics" and Mercado "adumbrated more or less clearly what came to be called the quantity theory of money".
"From about 1540 onwards there appeared a whole crop of handbooks, written mostly by learned friars, which paint a vivid picture of the business life of the times...The shrewdest and at the same time the most entertaining of this group of writers is the Dominican friar Tomas de Mercado... His homilies are much enlivened by his pithy style, sardonic humour, and colourful way of describing the iniquities of merchants. Mercado distinguishes three main classes of business men: merchants, money-changers, and bankers...dedicates his book to the merchants of Seville and explains that his teaching is based on the doctrine of the theologians of Salamanca." Grice-Hutchinson
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Details
- Bookseller
- Hamish Riley-Smith Rare Books
(GB)
- Bookseller's Inventory #
- B295
- Title
- Summa de Tratos y Contratos...anadidas ala primera addition, muchas nueuas resoluciones. Y dos libros enteros, como parace en la pagina siguente.
- Author
- MERCADO, Fray Thomas de
- Format/Binding
- Quarter vellum and cloth boards, five raised bands, spine lettered gilt, leaf edges gilt,
- Book Condition
- Used
- Quantity Available
- 1
- Edition
- 2nd
- Binding
- Hardcover
- Publisher
- Hernando Diaz
- Place of Publication
- eville
- Date Published
- 1571
- Weight
- 0.00 lbs
- Keywords
- economics
Terms of Sale
Hamish Riley-Smith Rare Books
30 day return guarantee, with full refund including original shipping costs for up to 30 days after delivery if an item arrives misdescribed or damaged.
About the Seller
Hamish Riley-Smith Rare Books
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.
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:
- ALA
- American Library Association
- 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...
- Leaves
- Very generally, "leaves" refers to the pages of a book, as in the common phrase, "loose-leaf pages." A leaf is a single sheet...
- Marginalia
- Marginalia, in brief, are notes written in the margins, or beside the text of a book by a previous owner. This is very...
- First Edition
- In book collecting, the first edition is the earliest published form of a book. A book may have more than one first edition in...
- Quarto
- The term quarto is used to describe a page or book size. A printed sheet is made with four pages of text on each side, and the...
- Edges
- The collective of the top, fore and bottom edges of the text block of the book, being that part of the edges of the pages of a...
- Raised Band(s)
- Raised bands refer to the ridges that protrude slightly from the spine on leather bound books. The bands are created in the...
- Vellum
- Vellum is a sheet of specialty prepared skin of lamb, calf, or goat kid used for binding a book or for printing and writing. ...
- Cloth
- "Cloth-bound" generally refers to a hardcover book with cloth covering the outside of the book covers. The cloth is stretched...
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