PETTY, WILLIAM. 1623-1687. Several Essays in Political Arithmetick: the titles of which follow in the ensuing pages. London: Robert Clavel and Henry Mortlock, 1699.
Lot 50
PETTY, WILLIAM. 1623-1687.
Several Essays in Political Arithmetick: the titles of which follow in the ensuing pages. London: Robert Clavel and Henry Mortlock, 1699.
Sold for US$ 5,000 inc. premium

Lot Details
PETTY, WILLIAM. 1623-1687. Several Essays in Political Arithmetick: the titles of which follow in the ensuing pages. London: Robert Clavel and Henry Mortlock, 1699.
PETTY, WILLIAM. 1623-1687.
Several Essays in Political Arithmetick: the titles of which follow in the ensuing pages. London: Robert Clavel and Henry Mortlock, 1699.
8vo (184 x 112 mm). 316 pp. A2, A-T8 U4. Contemporary English calf, capitals and hinges with some wear.
Provenance: Dauntesey, Agecroft Hall (bookplate).

FIRST EDITION of Petty's study on demography and economics in England, Holland and France, rarely found complete as here with all the part-titles. "Political Arithmetick" was a phrase invented by Petty to described the use of statistics in economic theory. Petty studied in Caen, receiving a thorough grounding in Latin, Greek, French, mathematics, astronomy and marine navigation. After serving in the Royal Navy, he furthered his studies in the Netherlands, and became a personal secretary to Thomas Hobbes. He later returned to England and studied medicine at Oxford, where he became an instructor in anatomy. A man of many talents, as was often the case with great men of his era, he was also a professor of music at Gresham College, London. He travelled with Oliver Cromwell's army as physician-general. He served in Parliament and was knighted by Charles II in 1661 and later made surveyor-general of Ireland, where he turned his attention to the social sciences. He concerned himself particularly with taxes, population demographics, and the statistics of monetary exchange, laying much of the groundwork for the science of economics as we know it today. Garrison-Morton 1688; Norman 1688; Wing P-1937.
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