First edition. 8vo. x, 208, [4, publisher’s advertisements] pp. Original dark green cloth, spine lettered and ruled in gilt, ruling continued to boards in blind (attractive bookplate of the economist Guy Routh to front pastedown, faint staining to foot of fore edge, extremities worn with some minor chipping to corners and tips of spine, notwithstanding a good copy). London, Macmillan and Co., Limited, 1929.
An applied work on unemployment by the British economist Sir Henry Clay (1883-1954), best remembered as the Stanley Jevons professor of political economy at Manchester and in his capacity as an economic advisor to the Bank of England from 1930 to 1944 where he was supportive of Keynes.
