LEONTIEF, Wassily.
Input-Output Economics.
New York: Oxford University Press , 1966.
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FIRST EDITION OF THE NOBEL PRIZE-WINNING ECONOMIST’S CLASSIC WORK INPUT-OUTPUT ECONOMICS; SIGNED BY WASSILY LEONTIEF
First edition of the economist's groundbreaking work. Octavo, original cloth. Signed by Wassily Leontief on the front free endpaper. Fine in a near fine dust jacket that shows only light wear. Books signed by the Nobel Prize-winning economist are rare.
This collection of writings provides the only comprehensive introduction to the input-output model for which Leontief was awarded the Nobel Prize in 1973. He used input-output analysis to study the trade flow between the U.S. and other countries. He discovered a paradox: U.S. exports were labor-intensive in comparison to U.S. imports. This was counterintuitive considering the U.S.'s economic advantage was in capital-intensive goods.
Input-Output Economics.
$3,500.00
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