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Lot Details
Lot 198
... N.p. [Avignon?]: s.n., 1759-1760 [final two volumes]. Mixed set, the first three volumes the "Nouvelle" i.e. second edition, the last four apparently the first edition. Small paper issue. Seven volumes, contemporary French mottled blond calf, all edges red. 6 1/2 x 3 5/8 inches (16.5 x 9 cm); frontispiece, x, [6], 391 pp.; [xii], 534 pp.; [xii], 526 pp.; [xii], 267 pp.; [iv], 376 pp.; xii, 298, [4] pp.; [iv], 228, [2] pp., with four folding plates. Light wear, overall a fresh set.
A key economic work of the period, issuing from that group of French Enlightenment economists termed the Physiocrats, a circle that included Mirabeau, Turgot and Quesnay. Immediately preceding Adam Smith's theories (which are fundamental to modern economics), Physiocracy was arguably the first consistent and rigorous theory of economics, espousing a theory that the wealth of nations rests on agriculture. The term laissez faire is identified with this circle; it was popularized by Vincent de Gournay, a physiocrat and intendant of commerce in the 1750s, who likely adopted the phrase from François Quesnay's writings on China. This work was issued simultaneously in quarto and duodecimo and is scarce complete in either edition. Kress 5735; Higgs 1631.
C
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