FIRST EDITION OF TAUSSIG’S PRINCIPLES OF ECONOMICS
TAUSSIG, Frank William. Principles of Economics. New York: Macmillan, 1911. Two volumes. Octavo, original navy cloth, uncut. $350.
First edition of Taussig’s comprehensive introductory textbook on economics.
"Taussig is considered one of the founding fathers of economics as both a distinct academic discipline in the United States and as a study of practical value to business and industry. He has often been compared to his contemporary, the English economist Alfred Marshall, for his ability to bring traditional theory to bear on contemporary economic issues and public policy… Taussig's Principles of Economics, a textbook was first published in 1911. The work, which was adopted by many American colleges and also read widely in England, cemented his reputation as one of the country's leading economists" (ANB). Owner blindstamps.
Text fine, front inner paper hinge split on Volume II; only light wear to original cloth, small mark to rear board of Volume I, gilt bright.