Cambridge, Cambridge University Press, 1937. 8vo. In the original green full cloth with the original dust wrapper. Dust wrapper with wear, lacking 5 mm to top and bottom of spine and the upper right part of the back. Apart from the dust-jacket, a very fine and clean copy. XIX, (1), 151 pp.
Economist Simon Kuznets's copy of the first edition of Bowley's conclusive work on wages and income in United Kingdom.
Bowley produced a stream of studies on British economic statistics, beginning in the 1890s with works on trade and on wages and income, and proceeding to studies of national income in the 1920s and -30s. The present, although rather short, work became highly influential, as it introduced much of Bowley's more technical work to a broader public.
Simon Smith Kuznets (1901 - 1985) Russian American economist was awarded the Nobel Prize in Economic Sciences for "his empirically founded interpretation of economic growth which has led to new and deepened insight into the economic and social structure and process of development".
Kuznets revolutionized econometrics with the important book "National Income and Its Composition, 1919-1938. Published in 1941 which eventually formed the famous Kuznets Curve. This work relied to a large extent on Bowley's work on national income.