BUSINESS AND ECONOMICS. Six important works in economic history from the library of Hon. Stanley...

BUSINESS AND ECONOMICS. Six important works in economic history from the library of Hon. Stanley C. Wisniewski: 1. WIESER, FRIEDRICH VON. 1851-1926. Natural Value. London: Macmillan and Co, 1893. 8vo. Publisher's rust cloth, spine lettered in gilt, gilt device to upper cover. Custom cloth folding case. FIRST EDITION IN ENGLISH of Wieser's important contribution to the concept of marginal valuation of cost and distribution, as put forth by the Austrian school. After succeeding Menger at the University of Vienna, Wieser's students included Schumpeter, Mises and Hayek. 2. COMMONS, JOHN R. 1862-1945. The Legal Foundations of Capitalism. New York: The Macmillan Company, 1924. 8vo. Publisher's maroon cloth, spine lettered in gilt, review slip pasted to endpaper, stamped 'American Sociological Society.' Custom cloth folding case. FIRST EDITION OF COMMONS'S MILESTONE OF INSTITUTIONALIST ECONOMICS. 3. RAMSEY, FRANK P. 1903-1930. 'A Contribution to the Theory of Taxation,' appearing in: The Economic Journal, March, 1927. 8vo. Journal issue, bound in recent morocco backed marbled paper boards, title label in gilt to upper cover, without prelims or rear matter. Custom cloth folding case. FIRST APPEARANCE OF RAMSEY'S FIRST SEMINAL PAPER ON ECONOMICS. Trained as a mathematician and philosopher, Ramsey completed a translation of Wittgenstein's Tractatus Logico-Philosophicus as a 19 year-old at Cambridge, under the hand of his professor C.K. Ogden (of course, now commonly known as the 'Ogden translation'). In 1927, he turned to economics, and published that year this 'landmark in the economics of public finance' (Stiglitz, 'In Praise of...', Economics Journal, 2015. Acknowledged as a genius by his contemporaries, he passed away at the age of just 26 years old. 4. MOORE, HENRY LUDWELL. Synthetic Economics. New York: Macmillan Co, 1929. 8vo. Publisher's maroon cloth, spine lettered in gilt. Custom cloth folding case, morocco spine labels, gilt. FIRST EDITION of Moore's pioneering work in econometrics. '...all modern analysts should study this book with care ....' (Schumpeter, p 877.) 5, SCHELLING, CARL. 1921-2016. The Strategy of Conflict. Cambridge: Harvard University Press, 1960. 8vo. Publisher's yellow cloth, spine lettered in black, original printed dust jacket, minor chipping to upper spine end. Custom cloth folding case. FIRST EDITION of Schelling's important contribution to Game Theory, which earned him the Nobel Prize. 'Schelling's work prompted new developments in game theory and accelerated its use and application throughout the social sciences. Notably, his analysis of strategic commitments has explained a wide range of phenomena, from the competitive strategies of firms to the delegation of political decision power (Nobelprize.org). 6. ORESME, NICOLE. D. 1382; COPERNICUS, NICOLAUS. 1473-1543. Traictie de la Premiere Invention des Monnoies ... Traite de la Monnaie. Paris: Librairie de Guillaumin Cie, 1854. 8vo. Contemporary morocco-backed marbled paper boards. Custom cloth slipcase. FIRST AUTHORITATIVE EDITION IN LATIN AND FRENCH of two classic early works on economics, which each arrived independently at Gresham's Law ('bad money drives out good'). For further information on this lot please visit Bonhams.com For further information about this lot please visit the lot listing