Books on Under consumption theories are rare; this book is an attempt to satisfy this desire of economists. Under consumption theories have a long history and may be considered to be as old as the science of Economics itself. Underconsumption theories started with the publication of B.Mandevilles’ Book ‘The Fable of the Bees’ in 1714. After an introductory chapter, the succeeding chapters deal at length the Underconsumption theories of Malthus, Marx, Hobson ...
