A Contribution to the Theory of the Trade Cycle.

Published by Clarendon Press, Oxford, 1950

  • First Edition
  • Hardcover
  • Used
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Seller: Raptis Rare Books, Palm Beach, FL, U.S.A.Raptis Rare Books

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Hardcover

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First edition of the Nobel Prize-winning economist's influential theory of the trade cycle, a landmark attempt to explain the recurring booms and slumps of industrial economies through the interaction of the multiplier and the accelerator. Octavo, original cloth, illustrated with equations and graphs. Near fine in a good dust jacket with chipping and edge wear to the spine ends and extremities. A Contribution to the Theory of the Trade Cycle is one of the most important works of postwar business cycle theory, in which John Hicks set out a model of economic fluctuations driven by the combined action of the investment multiplier and the accelerator, bounded above by a ceiling of full employment and below by a floor of minimum investment. Sir John Hicks was among the most influential economists of the twentieth century, whose earlier Value and Capital reshaped general equilibrium and consumer theory and whose IS-LM diagram became the standard textbook framework for understanding Keynesian economics. In 1972 he shared the Nobel Prize in Economic Sciences with Kenneth Arrow for their pioneering contributions to general economic equilibrium theory and welfare theory.

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Bibliographic details

Title
A Contribution to the Theory of the Trade Cycle.
Author
Hicks, J. R
Publisher
Clarendon Press, Oxford
Publication year
1950
Dust jacket
Dust Jacket Included
Binding
Hardcover
Edition
1st Edition
Seller catalogs
Economics and Finance

Raptis Rare Books

Palm Beach, FL, U.S.A.

5-star seller

AbeBooks seller since September 24, 2003

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Raptis Rare Books is an antiquarian book firm that specializes in fine first editions, signed and inscribed books, and landmark books in all fields. We have distinguished ourselves by having a reputation for handling unique and important books that are in exceptional condition. Our business model is simple: we strive to handle books that are in exceptional condition and to provide exceptional customer service. We specialize in working with private collectors with a specific wish list, helping individuals find the ideal gift for special occasions, and partnering with representatives of institutions. We are here to assist you in your pursuit and to be your guide in bringing the library of your imagination to reality. Please visit our rare book gallery located at 329 Worth Avenue in Palm Beach, Florida, visit our website www.raptisrarebooks.com, call us at 561.508.3479, or email us at mail@raptisrarebooks.com. Free gift wrapping available upon request.

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Raptis Rare Books

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