"CEMENTED HIS REPUTATION AS ONE OF THE COUNTRY'S LEADING ECONOMISTS"
TAUSSIG, Frank William. Principles of Economics. New York: Macmillan, 1911. Two volumes. Octavo, early three-quarter straight-grain morocco, raised bands, elaborately gilt-decorated spines, marbled endpapers, top edges gilt, uncut. $800.
First edition of Taussig’s comprehensive introductory textbook on economics, handsomely bound by Stikeman.
"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.