1807 An Essay on the Theory of Money and Principle of Commerce
What Our Customers Say...
First Edition, Folding Plates, Illustrated, Rebound, Very Scarce
A first edition of this work.
The first volume of John Wheatley's important treatise on currency, the second volume being published later in 1822.
Illustrated with five folding tables.
'An Essay on the Theory of Money and Principle of Commerce' was a major contribution to economic theory at the turn of the century, attacking the Earl of Liverpool and his proposals for coin and paper money in Britain. He argues in this work that there is an optimum quantity of money in a country, which keeps the prices in equilibrium with other countries. Thus the introduction of paper money in excess of this amount would depreciate the currency.
Wheatley offers a comprehensive analysis of the currency and economic situation in Britain across fourteen chapters, from the functions of money to the balance of trade, and the payment of foreign expenditure to the causes of depreciation of money. In this work he predates James Mill, John Ramsay McCulloch, and David Ricardo in advocating the quantity theory of value
By John Wheatley, who is best known for this work.
Rebound in a full institutional cloth binding. Externally, generally smart. Light rubbing and marks to the boards and spine. MInor bumping to the extremities. Institutional stamp to the front paste down. Prior owner's ink inscription to the recto to the front endpaper. Stamp to the rear paste down. Rear endpaper is detaching. Internally, firmly bound. Pages are lightly age-toned with some spotting. Repaired closed tear to the title page and dedication leaf. Very small repairs to the bottom edge of pages vii to 36.
Delivery & payment
We send all of our books via courier which is a fully tracked and insured service. In our experience we find this to be the most reliable and quickest form of delivery. Our primary courier is DHL, but we are able to accommodate special requests if required, including postal delivery for items under 2kg. See More Details