GENESIS OF MARGINAL UTILITY. JEVONS, STANLEY. 1835-1882. The Theory of Political Economy. London...

GENESIS OF MARGINAL UTILITY. JEVONS, STANLEY. 1835-1882. The Theory of Political Economy. London: Macmillan and Co., 1871. 8vo. Recent green morocco backed paper boards, custom cloth folding case. Provenance: Hon. Stanley C. Wisniewski (pencil inscription) in both works. FIRST EDITION OF JEVONS'S LANDMARK WORK DEVELOPING THE CONCEPT OF MARGINAL UTILITY. 'Jevons's Theory is the first treatise to present in a finished form the theory of value based on subjective valuations, the marginal principle and the now familiar technique of the algebra and diagrams of the subject. The first modern book on economics, it has proved singularly attractive to all bright minds newly attacking the subject - simple, lucid, unfaltering, chiselled in stone where Marshall knits in wool' (Keynes, 'William Stanley Jevons,' in RJSS 99:3, 1936, pp 533-4). WITH: The Theory of Political Economy. Second Edition. London: Macmillan Co., 1879. 8vo. 32 pp publisher's ads at rear. Publisher's rust cloth, spine lettered in gilt. SECOND, REVISED AND ENLARGED EDITION, adding an important new preface making a strong argument for the use of mathematics in presenting economic ideas, and citing important works by Cournot, Gossen and Walras, among others, with an additional related appendix. Interestingly, while Jevons retained the title he replaced every use of 'political economy' in the text with 'economics.' For further information on this lot please visit Bonhams.com For further information about this lot please visit the lot listing