1 / 2
Photo 1/2 du lotPhoto 2/2 du lot
ALDE

223 - WALRAS (Léon). Elements of Pure Political Economy, or Theory…
See original version (French)

Estimate €1,000 - €1,200
Sale commission
Description
WALRAS (Léon). Elements of Pure Political Economy, or Theory of Social Wealth. Fourth edition. Lausanne, F. Rouge ; Paris, R. Pichon et R. Durand-Auzias, 1900. In-8, bradel half cloth with corners, untrimmed (contemporary binding). Definitive edition, partly first edition, of this founding work of modern economic theory. Léon Walras (1834-1910) was the first economist to attempt to model an economy in order to explain how prices are formed. His concept of general equilibrium, which he demonstrated mathematically on the basis of a single hypothesis - scarcity - led Schumpeter to call him "the greatest of all economists". Walras expanded each of the four editions of his great treatise published between 1874 and 1900. This edition contains 5 folded plates. Extremely rare. Title page worn. Einaudi, n°5968 - Schumpeter, History of Economic Analysis, 1954, p. 827.
See original version (French)
Auto-translation. Refer to original language for legal validity.
About the sale Antiquarian books from the 15th to the 19th century - Astronomy
Auction location
Auction time 06/24/2026 at 2:00 PM
Pictures credits: Contact the Auction House
You may also like