J. A. Hobson

Focusing on J.A. Hobson's economic theories, this analysis highlights their pioneering nature and contemporary relevance. It examines his underconsumption theory, a precursor to Keynes's work, and compares it with Harrod and Domar's growth theories. The book also explores Hobson's contributions to welfare economics, income distribution, and international economics. Additionally, it discusses his influential theory of imperialism, which resonated beyond the field of economics and contributed to his international acclaim.