Industrial Fluctuations.London: Macmillan and Co., Limited, 1929 Stock Code: 146910
Second edition, first published in 1927, of "the best and most exhaustive English work on the subject. Part I suggests a host of causes and Part II a corresponding number of remedies" (Batson). Pigou laid stress on the psychological factor referred to under the heading, "the mutual generation of errors of optimism and errors of pessimism", showing his search for a formal structure into which to fit what would later be called the multiplier.
Octavo. Original red cloth, spine lettered in gilt.
Folding frontispiece chart and 19 further charts of which 13 are folding, additional charts and figures in the text.
Stamp to front free endpaper "March 21st 1934, E. E. Lincoln Economist's Office". Very minor marking to cloth, contents clean, a near-fine copy.
Batson p. 98.
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