The Physiology of Industry (Routledge Revivals)

By J. A. Hobson, A. F. Mummery

© 1992 – Routledge

215 pages

Purchasing Options:
Paperback: 9780415825436
pub: 2014-08-20
US Dollars$48.95
Hardback: 9780415825382
pub: 2013-01-24
US Dollars$145.00

About the Book

The Physiology of Industry is a remarkable work which set out to challenge contemporary 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.

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

About the Series

Routledge Revivals

Are there elusive titles that you need and have been trying to source for years but thought that you would never be able to find?

Well this may be the end of your quest – here is a fantastic opportunity for you to discover past brilliance and purchase previously out of print and unavailable titles by some of the world’s most eminent academic scholars.

Drawing from over 100 years of innovative, cutting-edge, publishing Routledge Revivals is an exciting new programme whereby key titles from the distinguished and extensive backlist of the many acclaimed imprints associated with Routledge will be re-issued.

The programme draws upon the illustrious backlists of Kegan Paul, Trench & Trubner, Routledge & Kegan Paul, Methuen, Allen & Unwin and Routledge itself.

Routledge Revivals spans the whole of the Humanities and Social Sciences, and includes works by some of the world’s greatest thinkers including Emile Durkheim, Max Weber, Simone Weil, Martin Buber, Karl Jaspers and Max Beloff.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic History
BUSINESS & ECONOMICS / Economics / Theory
BUSINESS & ECONOMICS / Industries / General