Underconsumption theories played an important part in the economic policy debates during the Great Depression of the 1930s. Here, the contributions of John A. Hobson, Emil Lederer, Waddill Catchings and William Foster are analyzed.
Original Description:
Original Title
Underconsumption theories and Keynesian economics. Interpretations of the Great Depression
Underconsumption theories played an important part in the economic policy debates during the Great Depression of the 1930s. Here, the contributions of John A. Hobson, Emil Lederer, Waddill C…