MORGENSTERN (Oskar).

International Financial Transactions and Business Cycles.

First edition, first printing. 8vo. xxvi, 591, [1], [6, publisher’s advertisements] pp. Original green cloth, spine lettered and ruled in silver, dust jacket (a few neat pencilled notations to front endpapers, contents otherwise clean and unmarked; jacket with some faint uneven toning, minor creasing at ends of spine panel, otherwise a near fine copy). Princeton, Princeton University Press, 1959.

£150.00

An influential study of the financial relationships by which economic fluctuations and disturbances are transmitted from one economy to another, focusing primarily on the periods 1875-1914, the classical period of the gold standard, and 1925-1938, the period of changed conditions between the two World Wars.

Morgernstern is chiefly remembered as a co-developer of game theory through his joint authorship with mathematician John von Neumann of the Theory of Games and Economic Behaviour.

Stock No.
233799