{"product_id":"9781839983641","title":"PRE-ORDER NOW Periodic Crises of Overproduction (1913) by Roberto Scazzieri","description":"\u003cp\u003e \u003cstrong\u003e PRE-ORDER NOW - Published: 07\/07\/2026 \u003c\/strong\u003e\u003c\/p\u003eThe aim of Albert Aftalion's Periodic Crises of Overproduction is to lay the analytical building blocks of a medium-term approach to the theory and policy of economic fluctuations. Aftalion builds his theory on a disaggregated (structural) representation of the economic system that overcomes the conventional micro-macro dichotomy. This analysis eschews both the explanation of crises in terms of cumulative processes triggered by long-term factors and that in terms of purely contingent mismatches and ruptures. Aftalion highlights features such as lack of synchronization between sectors, different time horizons between socio-economic groups, and dissimilar speeds of change between production and consumption units. His approach draws key analytical concepts (such as the accelerator principle) from a detailed investigation of the interdependencies and temporal asymmetries of an industrial economy. It is an enlightening complement to Keynes' General Theory. \u003cbr\u003e  \u003cbr\u003eBinding: Hardback","brand":"Gardners","offers":[{"title":"Default Title","offer_id":56369327014261,"sku":"9781839983641","price":150.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0612\/7193\/3106\/files\/9781839983641.jpg?v=1763552991","url":"https:\/\/backstory.london\/products\/9781839983641","provider":"Backstory","version":"1.0","type":"link"}