Price-Wage-Tax-Subsidy Policies As Instruments in Maintaining Optimal Employment: A Memorandum on Analytical Machinery to be Used in Discussions on Causes of and Remedies to Unemployment.

Original mimeograph memorandum, printed on rectos only. Folio. 8vo. Original printed wrappers, wire-stitched as issued, white tape backstrip (slightly rubbed at head and tail, ownership inscription of R.S. Weinberg to front cover, else a very good copy). Oslo, Memorandum fra Universitetets Socialøkonomiske Institutt, 12 February 

Originally submitted as a memorandum to the United Nations Sub-commission on Employment and Economic Stability 18 April 1949 and issued here for private circulation amongst Frisch's students at the University of Oslo.

"Ragnar Frisch was a pioneer of 'econometrics', a name which he himself coined, that union of mathematical and statistical methods applied to the testing of economic hypotheses which, he firmly believed, would at long last establish economics as a science. He founded the Econometric Society in 1930, edited Econometrica from 1933-5, and was awarded the first Nobel Prize in Economics in 1969, jointly with Jan Tinbergen for his services to econometric modelling and measurement" (Blaug, Great Economists Since Keynes).

Stock Code: 234346