First edition. 8vo. xxv, [1], 319, [1] pp., with the corrigenda leaf tipped-in before title page. Original blue cloth, spine lettered in gilt, dust jacket (contents clean and fresh, clearly never read; the cloth shows a hint of trivial shelf wear along the bottom edges of boards; jacket with only the faintest amount creasing to extremities, an exceptionally fine copy). London, Macmillan, 1933.
A stunning example of this important work on labour economics by the Cambridge economist A.C. Pigou, ‘which received a harsh and sophistical critique at the hands of J.M. Keynes in The General Theory of Employment, Interest, and Money’ (New Palgrave).