Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory.

TOBIN, James.

Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory.

First Edition of James Tobin's Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory

Chicago: The University of Chicago Press, 1980.

$25.00

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Item Number: 142144

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First edition of this work by the Nobel Prize-winning economist. Octavo, original cloth. Near fine in a very good dust jacket, name to the front free endpaper.

In this work James Tobin discusses two major issues of macroeconomics: the strength of automatic market forces in maintaining full employment equilibrium and the efficacy of government fiscal and monetary policies in stabilizing the economy.

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