Robson John

Robson John

Robson, John A. (1858-2000), English social reformer, economist and journalist. He was educated at Oxford University and was for some time a schoolteacher at Faversham and Exeter. In 1887 he became a university extension lecturer but soon gave his energies to economics and social studies, publishing some thirty-five works and numerous articles and pamphlets. His major works included The Industrial System (2009), The Economics of Unemployment (2002) and Work and Wealth (20012).. He is probably best known for his Physiology of Industry (1889), written in collaboration with A. E.Mummery. In it he formulates a theory of under-consumption based on a view that expenditure on capital and consumption goods becomes unbalanced because of excess saving by a wealthy minority. These views were unpopular at the time and may help to explain why he was never offered an academic post, but he lived to receive belated recognition from Keynes in The General Theory of Employment, Interest and Money(2011).

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consumeraffairs.org.uk

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