Theory of Wages First Edition

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  • "Without whom how little of this book could have been written!": First Edition of Hicks' The Theory of Wages; Inscribed by Him to Economist Lionel Robbins

    HICKS, J.R. [John].

    The Theory of Wages.

    London: Macmillan & Company, 1932.

    First edition of this classic microeconomic statement of wage determination in competitive markets and major contribution to economic theory. Octavo, original cloth. Association copy, inscribed by the author to the British economist Lionel Charles Robbins, head of economics at the London School of Economics on the front free endpaper, “Lionel Robbins without whom how little of this book could have been written! In deep gratitude, JRH." It would be hard to exaggerate the influence of Lionel Robbins and that of the wider “Robbins circle” at the LSE during 1930s on the development of John Hicks into one of leading pure economic theorists of the twentieth century. Hicks credited Robbins with initiating his interest in economic theory, stating in his ‘Commentary’ in the 1963 edition of The Theory of Wages that “... he moved me from Cassel to Walras and Pareto, to Edgeworth and Taussig to Wicksell and the Austrians – with all of whom I was more at home at that stage than I was with Marshall and Pigou” (p. 306). Although Hicks left for Cambridge in 1935, he would later tell Robbins “that his years at LSE were ‘the formative years of my life as an economist; I do not think I have had as important years since’” (quoted in Howson, p. 252). The Theory of Wages was ...

    Price: $12,500.00     Item Number: 100560

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