Adam Smith is often called the 'Father of Economics', or 'Father of Capitalism', but in this book Professor Hutchison sets out in considerable detail the arguments for the work of Sir William Petty, almost a century earlier, in laying the foundations of the subject.
Terence Wilmot Hutchison (1912-2007) studied at Peterhouse, Cambridge, and rose to become Mitsui Professor of Economics at Birmingham University, where he remained until retirement in 1978. After his retirement he wrote several books on economic theory and history.
Our book is in good condition, with an intact dust jacket showing only minor rubbing of edges and angles, a few darkish stains on the front, and some yellowing of the spine. The book itself, bound in blue cloth with silver title etc on the spine, is likewise clean and undamaged externally. Inside, the binding is firm with no loose pages; all pages clean and bright, apart from a very few pencil annotations. No foxing.