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The Physiology of Industry (Routledge Revivals) (Paperback)
Loot Price: R1,234
Discovery Miles 12 340
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The Physiology of Industry (Routledge Revivals) (Paperback)
Series: Routledge Revivals
Expected to ship within 12 - 17 working days
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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.
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