Book Description

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. First published in 1896, this seminal work explores the subject of unemployment, analysing what it means, its various causes, what effects it has on economy and society, and measures that can be taken to reduce it. This fascinating volume will appeal to those with an interest in economics, and it is not to be missed by fans and collectors of Hobson's influential work. Contents include: "The Meaning of Unemployment", "The Measure of Unemployment", "Does Unemployment Grow", "Minor Causes of Unemployment", "The Root Cause of Unemployment", "The Economic Remedy", "Bimetallism and Trade Depression", and "Palliatives of Unemployment". Other notable works by this author include: "Evolution of Modern Capitalism" (1894) and "John Ruskin: Social Reformer" (1898). 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 "Problems of Poverty".