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Martino Fine Books

The Fable Of The Bees : Or Private Vices, Publick Benefits: Abridged Edition

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Product Code: 9781684222308
ISBN13: 9781684222308
Condition: New
$13.11
2018 Reprint of 1962 Edition. Abridged Edition. Full facsimile of the 1962 edition. Not reproduced with Optical Recognition software. Originally published in book form in 1714, this masterpiece of eighteenth-century British satire sparked great social controversy by rejecting a positive view of human nature and arguing the necessity of vice as the foundation of an emerging capitalist economy. Mandeville suggests many key principles of economic thought, including division of labor and the "invisible hand," seventy years before these concepts were more thoroughly elucidated by Adam Smith. Two centuries later, the noted economist John Maynard Keynes cited Mandeville to show that it was "no new thing ... to ascribe the evils of unemployment to ... the insufficiency of the propensity to consume," a condition also known as the paradox of thrift, which was central to his own theory of effective demand. At the time, however, it was considered scandalous.

Author: Bernard Mandeville, Irwin Primer
Publisher: Martino Fine Books
Publication Date: Jul 05, 2018
Number of Pages: 278 pages
Language: English
Binding: Paperback
ISBN-10: 1684222303
ISBN-13: 9781684222308

The Fable Of The Bees : Or Private Vices, Publick Benefits: Abridged Edition

$13.11
 
2018 Reprint of 1962 Edition. Abridged Edition. Full facsimile of the 1962 edition. Not reproduced with Optical Recognition software. Originally published in book form in 1714, this masterpiece of eighteenth-century British satire sparked great social controversy by rejecting a positive view of human nature and arguing the necessity of vice as the foundation of an emerging capitalist economy. Mandeville suggests many key principles of economic thought, including division of labor and the "invisible hand," seventy years before these concepts were more thoroughly elucidated by Adam Smith. Two centuries later, the noted economist John Maynard Keynes cited Mandeville to show that it was "no new thing ... to ascribe the evils of unemployment to ... the insufficiency of the propensity to consume," a condition also known as the paradox of thrift, which was central to his own theory of effective demand. At the time, however, it was considered scandalous.

Author: Bernard Mandeville, Irwin Primer
Publisher: Martino Fine Books
Publication Date: Jul 05, 2018
Number of Pages: 278 pages
Language: English
Binding: Paperback
ISBN-10: 1684222303
ISBN-13: 9781684222308
 

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