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Defence of Usury; Shewing the Impolicy of the Present legal Restraints on the terms of Pecuniary Bargains.

Defence of Usury; Shewing the Impolicy of the Present legal Restraints on the terms of Pecuniary Bargains.

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Defence of Usury; Shewing the Impolicy of the Present legal Restraints on the terms of Pecuniary Bargains.: In a series of letters to a friend, to which is added, a letter to Adam Smith, Esq; LL.D. On the Discouragements opposed by the above Restraints to the Progress of Inventive Industry.

by BENTHAM, Jeremy

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  • Hardcover
  • first
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About This Item

London: Printed for T. Payne, and Son,, 1787. Jeremy Bentham on Adam Smith First edition of Bentham's first work on economics, critiquing Smith's Wealth of Nations. Smith is reported to have said that Bentham "has given me some hard knocks... but in so handsome a manner that I cannot complain" (quoted in Atkinson, p. 82). This first edition is notably scarce: it is the first such copy we have handled. In Wealth of Nations, Smith defends the state regulation of interest rates for money lending. Bentham deems this inconsistent with Smith's wider laissez-faire philosophy and contends that no adult of sound mind, acting freely and in awareness of the likely consequences, should be hindered from making any bargain that they see fit to make. John Stuart Mill acclaimed the work as "the best extant writing" on the economic impact of regulated interest rates (quoted in Stanford Encyclopedia of Philosophy). Octavo (154 x 93 mm). Recent speckled calf to style, spine ruled in gilt, raised bands and red morocco label, covers with double-fillet panel in gilt. Tiny contemporary ink numerals to verso of title page. Light browning and foxing to outer margins, minor ink splash to outer edge, small repair to upper margin of title page: a very good copy. Chuo D4.1; ESTC T32289; Goldsmiths' 13428; Kress B.1163. Charles Atkinson Milner, Jeremy Bentham: His Life and Works, 1905.

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Details

Bookseller
Peter Harrington GB (GB)
Bookseller's Inventory #
169378
Title
Defence of Usury; Shewing the Impolicy of the Present legal Restraints on the terms of Pecuniary Bargains.
Author
BENTHAM, Jeremy
Book Condition
Used
Binding
Hardcover
Place of Publication
London: Printed for T. Payne, and Son,
Date Published
1787

Terms of Sale

Peter Harrington

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About the Seller

Peter Harrington

Seller rating:
This seller has earned a 5 of 5 Stars rating from Biblio customers.
Biblio member since 2006
London

About Peter Harrington

Since its establishment, Peter Harrington has specialised in sourcing, selling and buying the finest quality original first editions, signed, rare and antiquarian books, fine bindings and library sets. Peter Harrington first began selling rare books from the Chelsea Antiques Market on London's King's Road. For the past twenty years the business has been run by Pom Harrington, Peter's son.

Glossary

Some terminology that may be used in this description includes:

Raised Band(s)
Raised bands refer to the ridges that protrude slightly from the spine on leather bound books. The bands are created in the...
Morocco
Morocco is a style of leather book binding that is usually made with goatskin, as it is durable and easy to dye. (see also...
Octavo
Another of the terms referring to page or book size, octavo refers to a standard printer's sheet folded four times, producing...
Title Page
A page at the front of a book which may contain the title of the book, any subtitles, the authors, contributors, editors, the...
First Edition
In book collecting, the first edition is the earliest published form of a book. A book may have more than one first edition in...
Calf
Calf or calf hide is a common form of leather binding. Calf binding is naturally a light brown but there are ways to treat the...
Verso
The page bound on the left side of a book, opposite to the recto page.
Spine
The outer portion of a book which covers the actual binding. The spine usually faces outward when a book is placed on a shelf....
Gilt
The decorative application of gold or gold coloring to a portion of a book on the spine, edges of the text block, or an inlay in...

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