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Overview
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.Editorials
Booknews
Analyzes the pioneering theories of the English economist and social scientist, showing the contemporary relevance of many of those theories. Hobson's (1858-1940) best known theory of underconsumption is modelled and compared with the economic growth theories of Harrod and Domar. Also included are accounts of Hobson's theories on welfare economics, income distribution and prices, money and credit, and international economics, as well as his theory of imperialism, which gained him international fame and a broad audience. Annotation c. by Book News, Inc., Portland, Or.Book Details
Published
July 1, 1996
Publisher
New York : St. Martin's Press, 1996.
Pages
192
Format
Hardcover
ISBN
9780312159818