Profits, Interest and Investment. And Other Essays on the Theory of Industrial Fluctuations.

WITH THE RARE DUST JACKET

First edition. Small 8vo. viii, 266 pp. Original red cloth, spine lettered in gilt, dust jacket (neat contemporary ownership inscription of 'A.D. Konx' twice to front endpapers and title page, otherwise internally clean and unmarked; jacket rather worn and age-toned, spine panel heavily browned with the red printed lettering almost entirely faded, minor chipping to tips of spine panel, publisher's later revised price sticker to front turn-in fold, notwithstanding a very good example overall). London, George Routledge and Son, Ltd.

A collection of seven essays on industrial fluctuations written by Hayek during his time at the London School of Economics in the 1930s - complete with the rare dust jacket. From the library of the LSE economist A. D. Knox.

The title essay, published here for the first time, extended and refined the main argument that Hayek made in the lecture series published as Prices and Production in 1931, restating that it 'on somewhat different and more realistic assumptions and in less abstract forms.' 

Cody & Ostrem, B-4.

Stock Code: 251169