Business Behavior, Value and Growth [Hardcover] Baumol, William J.

Description

1959 First printing. Hardcover has some minor wear along the sides, scuffs and marks. No dust jacket. Spine has some wear on the top and bottom. Pages are clean and the binding is secure.

This rare first edition of “Business Behavior, Value and Growth” by the influential economist William J. Baumol is a seminal work that introduced groundbreaking theories on the role of entrepreneurship and innovation in driving economic growth. Published in 1959, it challenged the prevailing view that perfect competition was the ideal market structure, arguing instead that large firms with market power could be more innovative and productive. Baumol’s insights on the importance of productive and unproductive entrepreneurship have had a lasting impact on the field of economics and are still widely studied today. Despite the absence of a dust jacket and some minor wear, this copy remains in good condition, with clean pages and a secure binding – a remarkable survivor from the early days of Baumol’s influential career. It would be a prized addition to any collection focused on economic theory, entrepreneurship, or the intellectual history of the 20th century.