A vagyon tudománya

Name: A vagyon tudománya
Author: J. A. Hobson

By J. A. Hobson

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Economics

About This Book

Wealth is presented as the sum of marketable goods and their prices, assessed for individuals and nations by what can be bought or sold. Natural advantages are excluded because they lack market prices and their valuation risks double-counting, while price movements can misleadingly alter measured wealth. The distinction between material goods and services is emphasized: only transferable services or the outputs they produce count as wealth, with personal skills normally reflected through the goods or paid services they help create. The production system is defined broadly to include all activities that generate tangible and intangible wealth, and critics are noted who urge consideration of social welfare beyond market values.

About the Author

J. A. Hobson

J. A. Hobson was a British economist and social critic known for his influential works on economic theory and social issues. He is particularly recognized for his book "Morals of Economic Internationalism," where he explores the ethical dimensions of global economic interactions. Hobson's writings often address the plight of the poor, as seen in "Problems of Poverty: An Inquiry into the Industrial Condition of the Poor," which examines the socio-economic factors contributing to poverty. His analysis of capitalism is further elaborated in "The Evolution of Modern Capitalism: A Study of Machine Production," where he critiques the impacts of industrialization. Through his work, Hobson contributed significantly to discussions on economics and social justice.