FIRST EDITION OF HABERLER’S GROUNDBREAKING 1933 TREATISE ON INTERNATIONAL TRADE

HABERLER, Gottfried. Der Internationale Handel. Berlin: Julius Springer, 1933. Tall octavo, original paper wrappers, uncut and partially unopened. $650.

First edition of Haberler’s innovative theory of the connections among the world’s economies as well as the representation and analysis of international trade policy.

With 35 economic models, including tables and graphs. Haberler was one of the first economists to argue that unrestricted international trade increases productivity. Though Haberler was a Professor of Economics at Harvard from 1936 to 1971, he was born in Vienna, and during the 1920s and 1930s was an active member of the Mises-Kreis, the circle of economists who participated in Ludwig von Mises’ private seminars. This 1933 text reformulates the classic theory that free trade and the international division of labor maximizes social productivity. Includes Haberler’s opposition to the international gold standard, evidence of his rejection of certain aspects of the Austrian theory that strongly influenced him. Text in German. Early owner signature.

Wrappers lightly toned with small tears to spine head and tale. An extremely good copy.