First edition, first printing. 8vo. xxix, [1], 664 pp. Original grey cloth, spine lettered in silver, dust jacket (internally clean and unmarked; jacket price clipped with some minor wear and creasing to extremities, spine panel slightly toned, otherwise an excellent example). Princeton, Princeton University Press, A Study by the National Bureau of Economic Research, 1961.
A monumental study of long-term trends in capital formation and financing in the United States by the Nobel Prize winning economist Simon Kuznets, the culmination of extensive research undertaken by the National Bureau of Economic Research. The work contained a grim forecast of inflation in the American economy, with Kuznets famously remarking that the ‘extrapolation of inflationary pressures over the next thirty years raises a specter of intolerable consequences’ (p. 460).
