PENROSE (Edith).

The Growth of Firms, Middle East Oil and Other Essays.

First edition. 8vo. viii, [2], 336 pp. Original red cloth, spine lettered and ruled in gilt, dust jacket (contents clean and fresh; spine panel of jacket only faintly toned, in all other respects a very fine copy). London, Frank Cass and Co. Ltd, 1971.

£175.00

A collection of articles by the renowned American-born British economist Edith Penrose, best-known for her seminal work The Theory of the Growth of the Firm (1959), which single-handedly reinvented the entire theory of the firm in economics.

The present collection includes Penrose’s important early article on ‘Foreign Investment and the Growth of the Firm’, originally published in the Economic Journal in 1956, as well as articles reflecting her later career interest in multinationals in general and oil companies in particular, with an entire section devoted to essays on the Middle East.

Stock No.
248401