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This work, translated from the French, offers coverage of the life and work of the 18th-century economist and thinker, Etienne Bonnot. His main work, Le Commerce et le Gouvernement (included here) provided the first distinct statement of the true connection between value and utility.

This 1996 edition of Britain's Economic Problem opens with a substantial new chapter, 'Bacon and Eltis after 20 Years', in which the authors assess the impact of the policies of successive Conservative governments to bring British public expenditure under control. They also develop their theory and apply it to Sweden which has experienced the greatest increase in public expenditure of any European economy. This edition includes a complete reprint of the 1978 second edition of Britain's Economic Problem: Too Few Producers which Harry G. Johnson described as 'interesting, both for its...