Albert Aftalion – Les Crises Périodiques de Surproduction. 2 Volumes. Paris, Marcel Rivière et Cie, 1913. In French.

Albert Aftalion – Les Crises Périodiques de Surproduction. 2 Volumes. Paris, Marcel Rivière et Cie, 1913. In French.

A landmark work by French economist Albert Aftalion, one of the leading theorists of business cycles in the early twentieth century. Published in two volumes in 1913, this classic treatise became one of the most influential studies of economic crises and cyclical fluctuations in industrial production.

The first volume reviews existing theories of crises together with cyclical movements in prices and income, while the second presents Aftalion's original theory of production cycles based on the relationship between consumer demand and investment in capital goods. His work anticipated later developments in business cycle theory and helped shape modern macroeconomic analysis.

Today it remains an essential historical reference for economists, academic institutions, research libraries and collectors of rare economic literature.