First edition. 8vo. xvi, [2], 344 pp. Original red cloth, spine lettered and ruled in gilt, dust jacket (just a hint of faint spotting to endpapers and edges of book block, small bookseller’s label to front pastedown, contents otherwise generally clean; light shelf wear to extremities of jacket, else a very good copy indeed). Oxford, At the Clarendon Press, 1960.
A statistically-driven study of fluctuations in the British economy during the 1850’s, which ‘provides a useful reminder that the more sophisticated aspects of modem business cycle theory cannot all be applied unmodified to past history, even in the latter half of the nineteenth century, since they assume institutional arrangements and forms of business behaviour which were somewhat different then’ (contemporary review by W. Ashworth in Economica).
