A Theory of the Consumption Function.
A Study by the National Bureau of Economic Research, New York.Princeton : 1957 Stock Code: 136431
NotesFirst edition, first printing, of what is perhaps Friedman's most significant academic work, in which he argued against the Keynesian use of government policy to regulate the economy. This work resolved several paradoxes regarding the relationship between the wealth and spending habits of consumers and it remains a foundational work in economics.
Octavo. Original blue cloth, spine lettered in gilt. With the dust jacket.
Graphs and charts throughout.
Ownership stamp of B. Wesson to front free endpaper. Endpapers discoloured from adhesive residue, but the book otherwise in nice condition, tight and bright. The jacket in very good condition, spine panel darkened, light nicks at extremities, price-clipped.
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