Booms and Depressions. Some First Principles - Irving Fisher, LL. D.

1932 - Adelphi Company, New York - First Edition
First edition of this now acknowledged classic presenting the theory of Great Depressions by the leading American economist of his generation, who many consider ‘the father of monetary economics’ (Pressman, 91), along with Milton Friedman.

Rare in such a bright and intact delicate dust jacket.
 
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Price HK$ 38,000



An Essay Upon Money and Coins - Joseph Harris

1757-58 - Sold by G. Hawkins at the Middle Temple Gate, London - First Edition
A finely bound first edition of ‘this influential 1757 work, considered by the Victorian economist J. R. McCulloch as 'one of the best and most valuable treatises on the subject of money that has ever seen the light', argues that it is vital to a country's economy that the value of precious metal in its coinage remains constant’ – Cambridge University Press.

‘One of the best eighteenth-century performances in the field of monetary analysis’. – Schumpeter,
History of Economic Analysis. 
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Price HK$ 13,000



The Jungle - Upton Sinclair

1906 - Doubleday, New York - First Edition
‘Pierces the thickest skull and most leathery heart.’ - Winston Churchill

‘The brutally grim story of a Slavic family who emigrates to America,
The Jungle tells of their rapid and inexorable descent into numbing poverty, moral degradation, and social and economic despair.

‘Sinclair's nightmarish narrative of the immigrant Rudken family instigated a series of legislative measures that were highly successful. His lurid scenes of a meat packing industry that ground both rates and fingers into sausage aroused the middle class to demand sanitary conditions for food preparation.

Yet far less effective by comparison was his severe indictment of the working conditions that regularly reduced laborers to impoverished insanity. As Sinclair later wryly observed, “
I aimed for the heart and hit the stomach of America”.’ – Emory Elliot, The Columbia Literary History of the United States. 
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Price HK$ 9,400



An Inquiry into the Nature and Causes of the Wealth of Nations - Adam Smith

1802 - Printed for A. Strahan for T. Cadell Jun. and W. Davies, London - Tenth edition
A fine three volume set in uncommon contemporary bindings, with the appendix to volume II and a detailed index to volume III.

First ‘published in the same year as the American Declaration of Independence it has been argued that the global effect of Smith’s work has exceeded that of American constitutionalists. And if the wealth of a nation or a people is the foundation of all else, then from Hong Kong and Shanghai to Peru, from the oil and gas fields of Russia to the United States itself, from Estonia to Australia, it can be claimed that the principles and economic dynamics at work in all these places come from a book by a scholar of Scotland published before the French Revolution, before the Industrial Revolution and eighty four years before
Das Kapital by Karl Marx.’ - Melvyn Bragg – 12 Books That Changed the World.

Reputedly stolen by Gypsies at the age of three, Smith grew up to become one of the pillars of the Scottish Enlightenment, winning fame as a moral philosopher as well as an economist. In '
The Wealth of Nations,' Smith laid the intellectual foundations for a liberal free-market society, and in so doing revolutionised the understanding of how societies, governments, and markets interact. He always insisted, from 'The Theory of Moral Sentiments' onwards, that the 'invisible hand of the market' would regulate capitalist impulses and channel excessive behaviour into productive and beneficent projects. 'The Wealth of Nations' further addresses questions of sovereignty of colonies, the origins of coinage, and the concept of credit, all of which would have a profound influence on the germinating United States of America, which declared independence in July 1776, the same year that Smith's work was first published. 
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Price HK$ 25,000



Glibson - George Tichenor

1933 - Farrar &, New York - First Edition
Meet Mr. Glibson, a boomtime banker, who’s glided through depression and still lives high, wide and handsome......

This is the story of how he became the great Blabit of banking. The most withering portrayal of financial boobery in high places, savage, ruthless, funny, wise and courageous.


A kaleidoscopic view of many lives in the business turmoil leading up to and away from the crash of 1929. As Public Relations Counsel, later, banker, Glibson is successful because he stands for nothing and though he is unscrupulous and ambitious he is understandable and even likeable. The story is good reporting, good dialogue, sometimes honest and sometimes theatrical. Occasionally reminiscent of Dos Passos. A book for men, and may get a challenging sort of press. -
An early review. 
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Price HK$ 4,200