Source: Contributions to Modern Economics (1978), Chapter 7, Marx, Marshall and Keynes, p. 75
Works
An Essay on Marxian Economics
Joan Robinson
Joan Robinson:
46
quotes
4
likes
Famous Joan Robinson Quotes
Source: Economic Philosophy (1962), p. 79
Context: Progress is slow partly from mere intellectual inertia. In a subject where there is no agreed procedure for knocking out errors, doctrines have a long life. A professor teaches what he was taught, and his pupils, with a proper respect and reverence for teachers, set up a resistance against his critics for no other reason than that it was he whose pupils they were.
“To supply goods is a source of profit, but to supply services is a ' burden upon industry.”
It is for this reason that when, as a nation, ' we have never had it so good ' we find that we ' cannot afford ' just what we most need.
Source: Contributions to Modern Economics (1978), Chapter 21, Latter-Day Capitalism, p. 239
Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter V, The Falling Rate Of Profit, p. 38
“An agent must have some discretion.”
Source: Contributions to Modern Economics (1978), Chapter 22, Socialist Affluence., p. 246
Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter XI, Dynamic Analysis, p. 95
Joan Robinson Quotes about time
Source: Economic Heresies (1971), Chapter IV, Increasing and Diminishing Returns, p. 63
Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter III, The Labour Theory Of Value, p. 22
Source: Contributions to Modern Economics (1978), Chapter 11, The Meaning of Capital, p. 125
“Time, so to say, runs at right angles to the page at each point on the curve.”
Source: Economic Heresies (1971), Chapter VII, The Theory of the Firm, p. 104
Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter I, Introduction, p. 4-5
Joan Robinson Quotes
Conclusion, p. 143
Economic Heresies (1971)
Context: Even if the crises that are looming up are overcome and a new run of prosperity lies ahead, deeper problems will still remain. Modern capitalism has no purpose except to keep the show going.
Foreword, p. xxii
An Essay on Marxian Economics (Second Edition) (1966)
Context: Until recently, Marx used to be treated in academic circles with contemptuous silence, broken only by an occasional mocking footnote. But modern developments in academic theory, forced by modern developments in economic life — the analysis of monopoly and the analysis of unemployment — have shattered the structure of orthodox doctrine and destroyed the complacency with which economists were wont to view the working of laissez-faire capitalism. Their attitude to Marx, as the leading critic of capitalism, is therefore much less cocksure than it used to be. In my belief, they have much to learn from him.
“There is an unearthly, mystical element in Friedman's thought.”
The mere existence of a stock of money somehow promotes expenditure. But insofar as he offers an intelligible theory, it is made up of elements borrowed from Keynes.
Source: Economic Heresies (1971), Chapter VI, Prices and Money, p. 87
“It is impossible to add the stock of money to the flow of saving.”
Source: Contributions to Modern Economics (1978), Chapter 4, The Concept of Hoarding, p. 32
Source: Economic Philosophy (1962), p. 21
Introduction, p. vii
Economic Heresies (1971)
“Michal Kalecki's claim to priority of publication is indisputable.”
Source: Contributions to Modern Economics (1978), Chapter 6, Kalecki And Keynes, p. 55
“Why did the hunters in the Wealth of Nations exchange beavers for deer?”
Source: Contributions to Modern Economics (1978), Chapter 14, The Philosophy of Prices, p. 146
Source: Contributions to Modern Economics (1978), Chapter 21, Latter-Day Capitalism, p. 239
Source: Economic Heresies (1971), Chapter III, Interest and Profits, p. 50 (confer Karl Marx, Das Kapital, Buch II, Chapter XX, p. 474)
Source: Contributions to Modern Economics (1978), Chapter 24, Beauty and the Beast, p. 268
Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter VII, The Orthodox Theory of Profit, p. 57-58
Source: Contributions to Modern Economics (1978), Chapter 16, The Theory of Value Reconsidered, p. 188
“Reality is never a golden age.”
Source: Economic Heresies (1971), Chapter III, Interest and Profit, p. 47
“A depression is a situation of self-fulfilling pessimism.”
Source: Economic Heresies (1971), Chapter II, The Short Period, p. 23
Preface To The Second Edition, p. vi
An Essay on Marxian Economics (Second Edition) (1966)
“The nature of technology depends very much upon what the public can be induced to put up with.”
Source: Economic Heresies (1971), Chapter VIII, Growth Models, p. 140
“Whatever you can rightly say about India, the opposite is also true.”
Amartya Sen's article in 'The Economist' dated November 18th, 2005 http://www.economist.com/node/5133493
India
Source: Economic Philosophy (1962), p. 45
Source: Contributions to Modern Economics (1978), Chapter 3, Obstacles to Full Employment, p. 27 (See also: General Motors)
Source: Economic Heresies (1971), Chapter V, Nonmonetary Models, p. 67
“Capital' is not what capital is called, it is what its name is called.”
Source: Contributions to Modern Economics (1978), Chapter 8, Production Function and Theory of Capital, p. 79
Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter I, Introduction, p. 1
Source: Contributions to Modern Economics (1978), Chapter 5, The Rate of Interest, p. 46
Source: Contributions to Modern Economics (1978), Chapter 15, 'Imperfect Competition' Revisited, p. 167
Reminiscences, p. ix
Contributions to Modern Economics (1978)
“It is the rate of investment which governs the rate of saving, and not vice versa.”
Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter VIII, The General Theory of Employment, p. 66
Source: Economic Heresies (1971), Chapter I, Stationary States, p. 14
“If a rise in wages does not raise prices, a fall will not reduce them.”
Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter X, Real And Money Wages, p. 89
Source: Contributions to Modern Economics (1978), Chapter 1, The Second Crisis of Economic Theory, p. 3
Source: Contributions to Modern Economics (1978), Chapter 13, Lecture at Oxford by a Cambridge Economist, p. 143 (spelling as per text...)
Source: Contributions to Modern Economics (1978), Chapter 23, What Has Become of Employment Policy?, p. 256
Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter IV, The Long-Period Theory Of Employment, p. 34
Source: Contributions to Modern Economics (1978), Chapter 20, Has Capitalism Changed?, p. 227
Source: Contributions to Modern Economics (1978), Chapter 19, The Need For A Reconsideration, p. 218
