THE THEORY OF MONEY AND BANKS INVESTIGATED.

Boston: Charles C. Little and James Brown, 1839. viii, 412 pp, + tipped-in errata slip at the end. Rebound in modern buckram, retaining original endpapers. Very Good.

George Tucker made major contributions to the study of economics, philosophy, and politics in America. He taught at the University of Virginia until retiring in 1845 at the age of seventy; then moved to Philadelphia, where he continued his prolific output of books and essays, "In general he was an adherent of the English and French classical school...Tucker's mentor was Adam Smith, and his chief theoretical differences were with David Ricardo" [DAB].
Of Bank Notes, Tucker says, "When prudently and judiciously used, they perform all the functions of money; but, when foolishly made cheap by excess, they are little better than counters, to mark how much has been lost by the gambling of the community." The book investigates, in eighteen chapters, the "nature and functions of money"; and, in nineteen chapters, "the nature and uses of credit." An Appendix is also included.
FIRST EDITION. AI 58959 [5]. Sabin 97304. Item #31565

Price: $350.00

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