Edited by Robert W. Dimand and Harald Hagemann
Chapter 17: John Atkinson Hobson
John Atkinson Hobson was a lifelong economic heretic whose early writings on the theory of economic crises anticipated some of the principal arguments of Keynes’s mature macroeconomics. Initially highly critical of Hobson, Keynes drew closer to him in the early 1930s and commented favourably and at some length on his work in chapter 23 of the General Theory.
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