George Terborgh. The Bogey of Economic Maturity: A Summary. Chicago: Machinery and Allied Products Institute, 1946.

1946 first printing of this condensed version of Terborgh's 1945 The Bogey of Economic Maturity. 66 pages; approximately 8-7/8 x 5-7/8 inches; stiff paper wrappers.

Terborgh's work was an influential contemporary critique of the theory of secular stagnation, particularly the ideas associated with economist Alvin Hansen. Arguing against predictions that mature industrial economies faced chronically inadequate investment and economic stagnation, Terborgh's analysis became part of an important postwar debate over economic growth, investment, and government policy.

An interesting period publication for collectors or researchers in economic history, Keynesian economics, postwar economic policy, and the history of economic thought.

Please see photographs for condition and additional detail.