Production and Distribution Theories: The Formative Period.

First Edition. vii, 392 pp; 11 figs.; 5 tables. Original cloth. Slightly rubbed, else Very Good, without dust jacket. George J. Stigler: Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 1982, 'for his seminal studies of industrial structures, functioning of markets and causes and effects of public regulation.' 'Stigler's doctoral dissertation, published as Production and Distribution Theories (1941), was a historical survey of neoclassical theories that remains the definitive study of its subject' (Milton Friedman, 'George Joseph Stigler: January 17, 1911-December 1, 1991'). 'The Chicago Economics Department was in intellectual ferment, although the central issues of the 1930's were very different from those in later times. I had never before encountered minds of that quality at close quarters and they influenced me strongly. For example, Knight supervised my thesis, which was on the history of production and distribution theories from 1870 to 1915. He had a wonderfully critical mind, which, however, was not well suited to intellectual history because he could not understand, let alone excuse, the errors of earlier economists. It was perhaps a decade later before I could read Ricardo through my eyes rather than through Knight's eyes' (Stigler's Autobiography at the Nobel Foundation Web site).…