ISNARD, Achylle Nicolas.

£12,500 · Offered by Peter Harrington · No longer available

Traité des richesses, First edition, "extremely rare" (New Palgrave), of "one of the most important contributions in the history of the development of mathematical economics" (Theocharis, p. 62)."Isnard's Traité is a highly original work, despite the fact that its theoretic core is embedded in otherwise unexceptional arguments against physiocratic doctrines. [Isnard] was the first writer to attempt a mathematical definition and a mathematical proof of an economic equilibrium... The scope and sweep of his analysis unquestionably entitle Isnard to a position of prominence in the history of economic thought. Yet appropriate recognition took a long time. Isnard was simply a brilliant pioneer who wrote ahead of his time, and like so many other semi-tragic heroes of economic analysis (e.g. Cournot and Gossen), he failed to receive his due until long after departing the scene" (New Palgrave).

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