McCULLOCH, John Ramsay.

£500 · Offered by Peter Harrington · No longer available

The Principles of Political Economy: Second edition, corrected and enlarged, first published in 1825. This was the author's first major work, expanded from his contribution to the 1824 edition of the Encyclopaedia Britannica, "the first substantive text on political economy to appear in the encyclopaedia" (ODNB).David Ricardo, with whom McCulloch corresponded since he started taking an interest in political economy as a young man, described that article as a "valuable historical sketch" and "so clear an exposition of all the important principles of the science that you have left nothing for me to wish for" (Works, Vol. 9, p. 275). The Principles of Political Economy enjoyed a wave of popularity soon after publication and went through several editions over the next few decades.

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