SOWELL (Thomas).

Say's Law. An Historical Analysis.

First edition 8vo. [8], 247, [1] pp. Original black cloth, spine lettered in gilt, dust jacket (internally clean and unmarked; just a hint of faint toning to spine panel of jacket, tiny closed tear to lower edge of front panel, notwithstanding a near fine copy. Princeton, New Jersey; Princeton University Press, 1972.

£300.00

An excellent study of ‘Say’s Law’ - the idea that ‘supply creates its own demand’ - by the African-American classical liberal economist and public intellectual Thomas Sowell, tracing the development of the concept across two centuries with particular reference to the ‘general glut controversy’ of the 1820s and the Keynesian Revolution of the 1930s.

With the publisher’s compliments slip loosely inserted. Not identified as such, but from the library of the distinguished American demographer and historian of economic thought Joseph J. Spengler (1902-1991).

Stock No.
245877