MALINVAUD (Edmond).

Profitability and Unemployment. Based on the Marshall Lectures given at the University of Cambridge 1978.

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.

£100.00

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.

Stock No.
252762