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Albert Aftalion's Periodic Crises of Overproduction is an enlightening complement to Keynes' General Theory, as it develops key macroeconomic concepts such as the accelerator principle from a detailed investigation of the interdependencies and temporal asymmetries of an industrial economy. It is an essential foundation for the economics of the medium term.
Jean Lescure's General and Periodic Crises of Overproduction is a pioneering study of the causes and consequences of industrial crises in capitalist economies in the nineteenth and early twentieth centuries. It was updated periodically through five editions and now appears in English for the first time.
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