J. A. Hobson

English economist, social scientist and critic of imperialism (1858–1940)

John Atkinson Hobson (6 July 1858 – 1 April 1940) was an English economist and social scientist. Hobson is best known for his writing on imperialism, which influenced Vladimir Lenin, and his theory of underconsumption. His principal and earliest contribution to economics was the theory of underconsumption, a scathing criticism of Say's law and classical economics' emphasis on thrift.

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