First edition. Small 8vo. viii, 170 pp. Original blue cloth, spine lettered in gilt, dust jacket (contemporary ownership inscription of the American economist George Horwich to front free endpaper, light tanning to endpapers, contents otherwise generally clean; jacket slightly edge worn with minor chipping to tips of spine and corners, still a very good copy overall). London, Macmillan, 1952.
A collection of essays by the post-Keynesian Cambridge economist Joan Robinson. ‘Each of the essays in this book is more or less self-contained, but they are closely related to a central theme: the extension of Keynes’s General Theory of Employment into the field of long-run dynamic analysis. Though the argument is abstract, it opens the way to the discussion of real and important questions such as the effect of technical progress on wages and employment, the problem of ‘underdeveloped economics’, the relation of the growth of population to the demand for labour, and the condition necessary for the continuous accumulation of capital’ (from the dust jacket blurb).
