Articles liés à THE ECONOMICS OF UNEMPLOYMENT

THE ECONOMICS OF UNEMPLOYMENT - Couverture souple

Hobson, John Atkinson

 
9781092229159: THE ECONOMICS OF UNEMPLOYMENT

Synopsis

“This book is a re-statement, in the light of the conditions of the present day, of the theory that over-saving is the primary and fundamental case of unemployment. With this theory the author’s name is specially associated, and in this book he develops a detailed theoretical argument in support of it. The principles of the author are expressed with clearness and vigour and argued with ability. The importance of the relation between saving and consumption as affecting unemployment is well brought out, and the case for treating over-saving as a cause of unemployment is, in many ways, strong. The book is also valuable in emphasising certain points which do not always receive sufficient attention, such as the value of a strong working-class demand. Nevertheless, whatever may be said by way of criticism, the book is a most interesting and suggestive one, and the theory which it produces deserves careful consideration. The writer also shows a grip of the difficulties of the working-class households, and his demonstration of the reasons for the present smallness of their savings is excellent.” ‒ N. B. Dearle, The Economic Journal, Vol. 33, No. 131

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