"The graphic representation of the laws of supply and demand, and their application to labour." [In: Recess Studies. edited by Sir Alexander Grant, pp. 151-185].

JENKIN, Henry Charles Fleeming.

Published by Edinburgh: Edmonston & Douglas, 1870

About this Item

First edition of this important paper, in which Jenkin (1833-1885) "analysed fully the determination of market price using diagrams to present the supply and demand functions in the form of intersecting curves" (New Palgrave II, 1007). "Jenkin specifically noted that in the long run cost of production chiefly determines the price of manufactured goods, but stressed 'how much the value of all things depends on simple mental phenomena, and not on laws having mere quantity of materials for their subject'" (ibid.). Fisher, p. 180; Mattioli 2972. Octavo. Original brown cloth, front cover with black rule border, spine lettered in gilt, black coated endpapers. Gift inscription to half-title, ownership inscription in pencil to title, modern bookplate to front pastedown. Spine ends and corners lightly rubbed, short closed tear to one leaf professionally repaired; a very good copy.

Seller Inventory # 127763

Bibliographic Details

• Title: "The graphic representation of the laws of supply and demand, and their application to labour." [In: Recess Studies. edited by Sir Alexander Grant, pp. 151-185].
• Publisher: Edinburgh: Edmonston & Douglas, 1870
• Edition: 1st Edition