Lot 304
Thornton, Henry
Rare Books, Manuscripts, Maps & Photographs
Auction: 2 September 2015 at 12:00 BST
£875
Description
An enquiry into the nature and effects of the paper credit of Great Britain. London, J.Hatchard, 1802. First edition, 8vo, half-title, recent period style calf, spine gilt, xiipp + 320pp; [Kress B4612. Goldsmith 18526. Stephens, p.32. Blaug, Great Economists before Keynes, p.242], slight marginal dampstaining
Footnote
Note: 'It is not too much to say that the appearance of Paper Credit in 1802 marks the beginning of a new epoch in monetary theory." (Hayek, Introduction to the 1939 edition).