HUME, David.

£1,000 · Offered by Peter Harrington · No longer available

Essais sur le commerce; le luxe; l'argent; l'intérêt de l'argent; les impôts; le crédit public, et la balance du commerce. Third edition in French of Hume's Political Discourses, translating the seven essays on economics which first appeared in English in 1752. Together they rank as one of the major economic writings of the 18th century. Hume's specific contributions to economic thought include the so-called "specie-flow mechanism" and the "theory of creeping inflation". O'Brien describes Hume's two essays "Of Money" and "Of the Balance of Trade" as forming "nothing less than the foundation of classical monetary economics" (The Classical Economists, p. 7ff). Although the translation has generally been attributed to Mademoiselle de la Chaux, Laurence Bongie has argued that it cannot be so conclusively credited.

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