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TOBIN, James.

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

Chicago: The University of Chicago Press, 1980.

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