WIRTH, Max.

£750 · Offered by Peter Harrington · No longer available

Geschichte der Handelskrisen. First edition of Wirth's (1822-1900) account of commercial crises, written before his appointment to the Statistical Bureau of Bern in 1865. "'In the Geschichte der Handelskrisen Wirth associated the phenomenon of commercial crises with a credit economy and pointed out that the main factor making for booms and crises is the recurring tendency for investment to outrun the existing savings resources of society" (ESS).

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