The Economics of Unemployment - Couverture souple

Hobson, J. A.

Couverture souple

ISBN 10 : 1443790001 ISBN 13 : 9781443790000

Editeur : Read Books, 2009

Synopsis

John Atkinson Hobson (1858 - 1940) was an English social scientist and economist most famous for his work on imperialism--which notably had an influence on Vladimir Lenin--as well as his theory of underconsumption. His early work also questioned the classical theory of rent and predicted the Neoclassical "marginal productivity" theory of distribution. In his 1922 essay "The Economics of Unemployment", Hobson looks at the subject of unemployment, exploring its causes and effects as well as the measures that should be taken to mitigate it. This fascinating and influential volume is highly recommended for those with an interest in economics, especially the economic history of Britain and Europe. Contents include: "A Limited Market", "The Failure of Consumption", "The Balance of Spending and Saving", "The Psychology of trade Fluctuations", "Surplus Income the Cause of Fluctuations", "Wage Reduction as Remedy for Depression", "Credit as a Factor in Fluctuations", "The Douglas Theory", etc. Many vintage books such as this are becoming increasingly scarce and expensive. We are republishing this volume now in an affordable, modern, high-quality edition complete with an introductory chapter from Hobson's essay "Problems of Poverty".

A propos du livre

Présentation de l'éditeur

To pursue any close inquiry into the causes of trade depression and its accompanying unemployment at such a time as this will appear to most persons an otiose proceeding. It seems self-evident that a long destructive war, followed by a not less destructive peace, and a failure to repair the machinery of trade and finance, must involve just such a period of low production, poverty and suffering, as the world is now experiencing. This explanation is easy, interesting and convincing. But though it holds some obvious elements of truth, it is not sound. It does not go to the root of the matter. The economic experiences of the war and peace have greatly aggravated the burden of this trade depression, and have imparted some special features to its distribution, but they cannot rightly be held responsible for its causation. In 1914 all the signs of a cyclical depression were present, a hectic prosperity of trade, with a high level of prices, large profits, and in most countries, especially in Central Europe, a dangerous expansion of credit. Economists predicted an early collapse, financial and industrial. The war stopped this depression, postponing its action for seven years. How? By an immense and continuous artificial stimulation of consumption. About the Publisher Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology. Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text. Read books online for free at www.forgottenbooks.org

Présentation de l'éditeur

Originally published in 1922. This volume from the Cornell University Library's print collections was scanned on an APT BookScan and converted to JPG 2000 format by Kirtas Technologies. All titles scanned cover to cover and pages may include marks notations and other marginalia present in the original volume.

Détails de l'édition

• Éditeur: Read Books
• Date d'édition: 2009
• Langue: anglais
• ISBN 10: 1443790001
• ISBN 13: 9781443790000
• Reliure: Broché
• Nombre de pages: 156
• Coordonnées du fabricant: non disponible
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