The Pure Theory of Capital.Chicago: The University of Chicago Press, 1950 Stock Code: 132148
Second American edition, first printing, following the first of 1941. The Pure Theory of Capital showed "the very complex nature of capital and its importance in economic booms and slumps, and stands as a classic in the field" (Butler). Hayek "provides lucid expositions of his notions of 'inter-temporal equilbrium', the 'physical productivity of investment', and the 'vertical or successive division of labor'. Although Hayek rejects the concept of a 'supply of capital' as a measurable quantity, he derives a meaningful 'marginal productivity of investment'" (IESS).
Octavo. Original green cloth, spine lettered in gilt. With the dust jacket.
A very good copy in the price-clipped dust jacket, spine panel lightly toned, 2cm closed tear at head of front panel.
With the exception of framed items*, Peter Harrington offers free delivery on all UK orders of rare books, maps and prints placed through this website. Delivery to USA and the rest of the world is similarly free for orders over £200.
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.
Tel: +44 (0)20 7591 0220