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You are here: CollectionsOnline  /  Observations on reversionary payments; on schemes for providing annuities for widows, and for persons in old age; on the method of calculating the values of assurances on lives; and on the national debt. To which are added, four essays on different subjects in the doctrine of life-annuities and political arithmetick. Also, an appendix containing a complete set of tables; particularly, four new tables, shewing the probabilities of life in London, Norwich and Northampton and the value of joint lives. The second edition, with a supplement, containing additional observations and tables. By Richard Price, D.D. F.R.S.
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PRICE, Richard (1723--1791)
[Observations on reversionary payments. 1772]
Observations on reversionary payments; on schemes for providing annuities for widows, and for persons in old age; on the method of calculating the values of assurances on lives; and on the national debt. To which are added, four essays on different subjects in the doctrine of life-annuities and political arithmetick. Also, an appendix containing a complete set of tables; particularly, four new tables, shewing the probabilities of life in London, Norwich and Northampton and the value of joint lives. The second edition, with a supplement, containing additional observations and tables. By Richard Price, D.D. F.R.S.
London: printed for T. Cadell, 1772.
xv, [1], 404 p. ; 20.4 cm. (8º)

First published in 1771. This book embodies the work Price did with the Society for Equitable Assurances, demonstrating that several of the existing assurance societies were based on ill-founded schemes. Price's demographic and actuarial work led to the construction of more accurate mortality tables and more reliable tables for the evaluation of annuities, which remained influential for a century. See D.O. Thomas, J. Stephens, and P.A.L. Jones, A bibliography of the works of Richard Price (Aldershot 1993), pp. 29--30. In addition to his work as a demographer, Price was the author of pamphlets advocating American independence (q.v.). ESTC t12983.

Copy Notes Bought from Thomas Boone for 2s., 8 July 1807. (Spiers Box). Inscribed in pencil on front free-endpaper with Boone's price -2-, and on verso of title-page in ink with earlier library mark(?) g over i.

Binding C18th calf, sprinkled boards, gilt-tooled spine, red morocco spine-label.

Reference Number 529


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