Economic Policy in a Free Society
by Simons, Henry C
- Used
- near fine
- Hardcover
- first
- Condition
- Near Fine/Very Good
- Seller
-
Bloomington, Indiana, United States
Payment Methods Accepted
About This Item
Chicago: University of Chicago Press, 1948. SCARCE in dust jacket and collectible condition. Near Fine, slight toning at end papers, in a Very Good dust jacket, spine faded yet still legible, small chips at spine ends and flap fold corners. Henry C, SSimons spent almost his entire career at the University of Chicago. A student of Frank H. Knight, he was a foundational figure in the development of the Chicago School of economics. He is best known for A Positive Program for Laissez Faire (1934). "In Economic Policy for a Free Society Simons claimed that all it takes to precipitate a massive liquidation of securities is "a relatively small decline of security values" (Simons 1948). Simons is emphatic in pointing out that corporations that traded on a "shoestring of equity, and under a mass of current liabilities" are "placing their working capital precariously on call," and hence at risk, in the event of the slightest financial disturbance (Simons 1948). This is precisely the chain of events predicted by Simons in the event of a large-scale liquidation of inflated securities such as mortgage loans in 2008 'sub-prime crash.'."(New World Encyclopedia). First Edition. Cloth. Near Fine/Very Good. 8vo - over 7¾" - 9¾" tall.
Reviews
(Log in or Create an Account first!)
Details
- Bookseller
- Dale Steffey Books, ABAA (US)
- Bookseller's Inventory #
- 009437
- Title
- Economic Policy in a Free Society
- Author
- Simons, Henry C
- Format/Binding
- Hardcover
- Book Condition
- Used - Near Fine
- Jacket Condition
- Very Good
- Edition
- First Edition
- Publisher
- University of Chicago Press
- Place of Publication
- Chicago
- Date Published
- 1948
- Size
- 8vo - over 7¾" - 9&f
- Weight
- 0.00 lbs
- Bookseller catalogs
- Economics;
Terms of Sale
Dale Steffey Books, ABAA
Any book is returnable for any reason within 10 days for a complete refund, as long as it is returned in the same condition as when received. Please notify in advance of return. I accept checks, money orders, Mastercard, Visa, and bank wire transfer.
About the Seller
Dale Steffey Books, ABAA
Biblio member since 2006
Bloomington, Indiana
About Dale Steffey Books, ABAA
Online bookseller specializing in rare and collectible books in all fields. Books bought and sold from single item to entire collection.
Glossary
Some terminology that may be used in this description includes:
- First Edition
- In book collecting, the first edition is the earliest published form of a book. A book may have more than one first edition in...
- Cloth
- "Cloth-bound" generally refers to a hardcover book with cloth covering the outside of the book covers. The cloth is stretched...
- Fine
- A book in fine condition exhibits no flaws. A fine condition book closely approaches As New condition, but may lack the...
- Spine
- The outer portion of a book which covers the actual binding. The spine usually faces outward when a book is placed on a shelf....
- Jacket
- Sometimes used as another term for dust jacket, a protective and often decorative wrapper, usually made of paper which wraps...