Hobson, John Atkinson (1858-1940)

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Jane Addams to John Atkinson Hobson, October 23, 1916

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Birth Date

1858-07-06

Death Date

1940-04-01

Birthplace

Derby, England

Biographical Text

John A. Hobson was an economist who lived in London during a major economic depression in the late 19th century. He created the theory of underconsumption. Hobson wrote many publications on economics, such as Problems of Poverty (1891), Evolution of Modern Capitalism (1894), Problem of the Unemployed (1896) and John Ruskin: Social Reformer (1898). He wrote Imperialism: A Study in 1902. Hobson worked as The Manchester Guardian's South African correspondent, covering the Second Boer War.

He married an American, Florence Edgar, in 1885. They had __ children, including Ernest, Harold, and Mabel. Hobson died in 1940.