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J.A. Hobson

Author: Michael Schneider
Publisher: New York : St. Martin's Press, 1996.
Series: Contemporary economists.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
The economic theories of the English economist and social scientist J. A. Hobson (1858-1940) were pioneering for their time. This book critically analyses his theories and shows that many of them have contemporary relevance. Hobson is best known by today's economists for his underconsumption theory, which was recognised by Keynes as an important forerunner to The General Theory. Hobson's underconsumption theory is  Read more...
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Genre/Form: History
Named Person: J A Hobson; J A Hobson
Document Type: Book
All Authors / Contributors: Michael Schneider
ISBN: 0312159811 9780312159818 0333588355 9780333588352
OCLC Number: 34078514
Notes: "First published in Great Britain 1996 by Macmillan Press Ltd, Houndmills, Basingstoke ... and London"--Verso t.p.
Description: xiv, 173 p. ; 23 cm.
Contents: 1. Hobson's Life and Times --
2. Economic Activity and Welfare --
3. Income Distribution and Prices --
4. Underconsumption --
5. Trade, Capital Flows and Imperialism --
6. Money and Credit --
7. Hobson as Economist: A Critique --
8. Conclusion.
Series Title: Contemporary economists.
Responsibility: Michael Schneider.

Abstract:

The economic theories of the English economist and social scientist J. A. Hobson (1858-1940) were pioneering for their time. This book critically analyses his theories and shows that many of them have contemporary relevance. Hobson is best known by today's economists for his underconsumption theory, which was recognised by Keynes as an important forerunner to The General Theory. Hobson's underconsumption theory is modelled and compared with the economic growth theories of Harrod and Domar. Included as well are accounts of Hobson's theories in the areas of welfare economics, income distribution and prices, money and credit, and international economics. The book also outlines Hobson's theory of imperialism, which was addressed to an audience far wider than that of economists, and gained him international fame.

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