Publisher's Synopsis
In a compilation of lectures and published articles, Hobson uses this book to illustrate his theory on reconciling production costs with market prices. *The Economics of Distribution offers economists, students, and general readers an introduction into microeconomics. Hobson explains his opinions on market prices, labour, and capital, and how they can be better utilized to determine distribution. British writer JOHN ATKINSON HOBSON (1858-1940) was an historian and economist as well as a popular lecturer on such topics. His other books include The Evolution of Modern Capitalism (1894), The Economics of Distribution (1900), The Economics of Unemployment (1922), and the autobiographical Confessions of an Economic Heretic (1938).
