The Physiology of Industry (Routledge Revivals)
Author:   J. Hobson ,  A. Mummery
Publisher:   Taylor & Francis Ltd
ISBN:  

9780415825436


Pages:   277
Publication Date:   20 August 2014
Format:   Paperback
Availability:   In Print   Availability explained
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The Physiology of Industry (Routledge Revivals)


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Overview

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.

Full Product Details

Author:   J. Hobson ,  A. Mummery
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.470kg
ISBN:  

9780415825436


ISBN 10:   0415825431
Pages:   277
Publication Date:   20 August 2014
Audience:   College/higher education ,  Tertiary & Higher Education ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Introduction; Preface; 1. Scope of Production 2. Quantitative Relation of Wealth to Consumption 3. The Physiology of Production – The Law of Supply and Demand 4. Over-Production and Economic Checks 5. Expansion and Contraction of Trade 6. The Law of the Limited Requisite 7. Scarcity of Gold as an Economic Factor 8. Practical Considerations

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