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ALLAIS, Maurice.

Économie & Intérêt;

Présentation nouvelle des problèmes fondamentaux relatives au rôle économique du taux de l'intérêt et de leurs solutions.

Paris: Imprimerie Nationale, 1947 Stock Code: 96946
£3,250.00
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First edition. Économie et Intérêt is Allais's second major publication, a massive work on capital and interest which has formed the basis for the so-called "golden rule of accumulation". This states that to maximise real income, the optimum rate of interest should equal the growth rate of the economy. Allais did not publish in English until late in his career and as a result was slow to receive the international recognition that was his due.

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Description

2 volumes, octavo. Original printed paper wrappers, with the wraparound band. Custom cloth solander case.

Condition

Spines lightly creased, else fine copies.

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Established in 1969, Peter Harrington is one of the leading rare book firms in the world. It is a proud member of the Antiquarian Booksellers Association – along with ILAB, the PBFA and Lapada – and from shops in Mayfair and Chelsea, London, sells rare books, prints and ephemera to customers across the world.

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