Item #003961 De la nature de la richesse et de l'origine de la valeur. Antoine-Auguste WALRAS.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.
De la nature de la richesse et de l'origine de la valeur.

The nucleus for Walras' theory of marginal utility

De la nature de la richesse et de l'origine de la valeur.

Paris: Alexandre Johanneau, 1831.

1st Edition. Hardcover. Near Fine. Item #003961

8vo (197 x 127 mm). [4], xxiv, 334, [2] pp. Includes half-title and errata leaf bound at end. 20th-century calf-backed marbled paper boards bound by Ateliers Laurenchet, spine lettered and ruled in gilt (light rubbing of board edges). Custom cloth folding case. Text clean and bright throughout with only very minor light spotting to prelimiary pages, tiny hole in p. 107/8 and paper flaw in p.105/6 not affecting text, short tears at fore-margin of p. 29/30, 31/2 and 101/2 without loss (the former als repaired). Provenance: Stanley C. Wisniewski* (pencil inscription). Exceptional, wide-margined copy, collated and complete. ----

EXCEPTIONALLY RARE FIRST EDITION (PARIS ISSUE) OF ANTOINE WALRAS'S WORK, CONTAINING THE SEEDS FOR HIS SON LEON'S MARGINAL UTILITY THEORY. In this seminal work, Walras rejects the existing theories of value (including utility, labor and production costs) and for the first time presents scarcity ("rareté") as the source of value in relation to human needs. This idea was adopted by his son Leon, who used it as the starting point for his revolutionary theories of marginal utility. "A. A. Walras was one of the first economists who perceived that value was not determined by utility. He was led to the study of economics from the study of the theory of property . . . there are many passages in his writings in which he appears to be on the point of enunciating in precise language the more correct views that are now associated with the names of his son Léon Walras and Jevons" (Palgrave).
The work was issued in Paris and Eyreux in 1831, and then re-issued in Paris the following year under a new imprint. In the spirit of Walras, we can regard copies of this first edition as particularly valuable, not only because of its significance but also because of its great rarity. We know of one copy in the Kress Library of Business and Economics, Harvard University, which has been digitally reproduced. OCLC also lists 7 other copies of both the Paris and the Evreux issue in public libraries (Berlin, Zürich, Paris, Poitiers, Brussels, Lausanne, and Turin). No other copy of the Paris issue is recorded to have sold at auction (RBH). A copy of the Evreux issue was sold at Reiss in 2023.
*Stanley C. Wisniewski. Stan is an economist and judge who in 2006 was appointed as one of the first three Federal Copyright Royalty judges for the U.S. Copyright Office. This is one of 85 books which formed the core of his curated collection covering the most important developments across 700 years of economic history including landmarks in the field from Mirabeau to Ricardo, as well as Menger, Jevons and Walras, and up through Keynes, Von Neumann, and Markowitz.
References and bibliography: Goldsmith 26693; Kress C-2997; Einaudi 5960; Palgrave, Dictionary of Economics, III, p.652 ff. - Visit our website to see more images!

Price: 17,500 €  *  convert currency

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