First edition. Small 8vo. viii, 108 pp. Original green cloth, spine lettered in gilt, dust jacket (internally clean and unmarked; minor wear to extremities of jacket, a near fine copy). Cambridge, Cambridge University Press, 1980.
A companion volume to Malinvaud’s important 1977 work The Theory of Unemployment Reconsidered, in which Malinvaud developed a theoretical rationing model that allows for general macroeconomic equilibrium with involuntary unemployment.