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The Theory of Wages.
New York: The Macmillan Company, 1934 - Octavo. Original green cloth, spine and front board lettered in gilt. With the dust jacket. Very minor foxing to the endpapers; an excellent copy in a fine price-clipped dust jacket. First edition, first printing, of this title which won the Hart, Schaffner, and Marx international prize in 1927 whilst still in manuscript, and was heavily revised before publication here. Responsible, together with Charles W. Cobb, for the famous Cobb-Douglas production function, Douglas was"a pioneer econometrician whose work had as its starting point the marginal productivity of his teacher John Bates Clark. His work at Chicago as a teacher enabled him to organise research projects designed to test the marginal productivity theory of distribution. The Theory of Wages contains his main contribution to this field." (Who's who in Economics). [Attributes: First Edition]
      [Bookseller: Peter Harrington. ABA member]
Last Found On: 2014-11-29           Check availability:      AbeBooks    

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