The Physiology of Industry is a remarkable work which set out to challenge the current theory surrounding the economics of labour, supply and demand. First published in 1889, Hobson's first book outlines some of the key areas of his theory of underconsumption. The precise contribution of Mummery, who died in a mountaineering accident in 1895, is unclear, although Hobson did state that it was heated debates with the businessman that gave him faith in these theories. The chapters analyse the nature of production, the relationship between wealth and consumption, the influence of the supply of gold on the economy and the law of supply and demand. This is an interesting work which marked a shift in economic thought, and will be of value to researchers and student of industrial theory and modern economic history.
The Physiology of Industry is a remarkable work which set out to challenge the current theory surrounding the economics of labour, supply and demand. First published in 1889, Hobson's first book outlines some of the key areas of his theory of underconsumption. The precise contribution of Mummery, who died in a mountaineering accident in 1895, is unclear, although Hobson did state that it was heated debates with the businessman that gave him faith in these theories. The chapters analyse the nature of production, the relationship between wealth and consumption, the influence of the supply of gold on the economy and the law of supply and demand. This is an interesting work which marked a shift in economic thought, and will be of value to researchers and student of industrial theory and modern economic history.
First published in 1909 and reissued in 1910, J. A. Hobson's The Industrial System provides a complex analysis of distribution and consumption. Offering a critique of contemporary capitalism whilst...
First published in 1990, The World Television Industry uses economic analysis to examine recent changes in the television industry. It uses the theory of public good and a model of industrial...
First published in 1927, Hobson's treatise on industrial conflict analyses the nature and causes of industrial disputes with the aim of finding an equitable means of settling them. Assessing the...
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