The Economics of Control.
Principles of Welfare Economics.New York: The Macmillan Company, 1944 Stock Code: 140533
NotesFirst edition, first printing, the copy of the economist Lionel Robbins, with his ownership signature to the front free endpaper dated October 1945, and a few minor pencilled marginalia in the text. Robbins, along with Keynes, was the leading British economist during the inter-war period; at the London School of Economics, he "dominated the economics department for thirty years and built it up to its pre-eminent position in British economics" (ODNB). The Economics of Control was Lerner's "best book... the most comprehensive non-mathematical text on welfare economics... exceptionally meticulous and complete" (The New Palgrave, II p. 167). Lerner studied under Robbins at the London School of Economics, and notes his influence alongside other economists in the preface: "To Professor Lionel C. Robbins, Professor Frederick A. Hayek, Professor J. R. Hicks, and Professor D. H. Robertson I am indebted for my original training in handling the tools of economic analysis".
Octavo. Original brown cloth, spine and front cover lettered in silver.
Dollar price stamp to front pastedown. Slight lean to spine, very minor rubbing at extremities. A very good copy.
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