“It is the rate of investment which governs the rate of saving, and not vice versa.”

— Joan Robinson , book An Essay on Marxian Economics

Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter VIII, The General Theory of Employment, p. 66

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Joan Robinson 46

English economist 1903–1983

Kenneth E. Boulding (1910–1993) British-American economist

Source: 1940s, The theory of the firm in the last ten Years, 1942, p. 793 cited in: Pedro Garcia Duarte (2010) " A Path through the Wilderness: Time Discounting in Growth Models http://public.econ.duke.edu/~staff/wrkshop_papers/2009-2010_Papers/PGDuarte_Path_Through_Wilderness.pdf"

“If social security depresses savings rates, it is only because it is unfunded.”

Robert Kuttner (1943) American journalist

Source: The Economic Illusion (1984), Chapter 2, Capital, p. 77

“The first problem I propose to tackle is this: how much of its income should a nation save? To answer this a simple rule is obtained valid under conditions of surprising generality; the rule, which will be further elucidated later, runs as follows.
The rate of saving multiplied by the marginal utility of money should always be equal to the amount by which the total net rate of enjoyment of utility falls short of the maximum possible rate of enjoyment.”

Frank P. Ramsey (1903–1930) British mathematician, philosopher

"A Mathematical Theory of Saving", The Economic Journal, Vol. 38, No. 152 (Dec., 1928)

“The rate of investment – the speed at which investors wish to increase the capital stock – should be related, if to anything, to q, the value of capital relative to its replacement cost.”

James Tobin (1918–2002) American economist

Source: "A general equilibrium approach to monetary theory" (1969), p. 21 as cited in: Sılvio Rendon, "Non-Tobin’s q in Tests for Financial Constraints," 2009

“What was critical for the maintenance of pegged exchange rates, I argue in this book, was protection for governments from pressure to trade exchange rate stability for other goals.”

Barry Eichengreen Introduction

Source: Globalizing Capital (2008), Chapter 1. Introduction

“First rate mathematicians choose first rate people, but second rate mathematicians choose third rate people.”

André Weil (1906–1998) French mathematician

As quoted in Comic Sections (Dublin 1993) by D MacHale

“Low-end disruption occurs when the rate at which products improve exceeds the rate at which customers can adopt the new performance.”

Clayton M. Christensen (1952–2020) Mormon academic

Christensen cited in: Philip Kotler, John A. Caslione (2009) Chaotics: The Business of Managing and Marketing in the Age of Turbulence. p. 23
2000s

“The qualities of a second-rate writer can easily be defined, but a first-rate writer can only be experienced. It is just the thing in him which escapes analysis that makes him first-rate.”

Willa Cather (1873–1947) American writer and novelist

Katherine Mansfield (1925)

“If the government does not adjust the electricity rate, then even God could not operate Taipower.”

Jiang Yi-huah (1960) Taiwanese politician

Jiang Yi-huah (2013) cited in " Ma and I try not to let each other down: Jiang http://www.chinapost.com.tw/taiwan/national/national-news/2013/08/15/386428/Ma-and.htm" on The China Post, 15 August 2013

“Too fucking busy, and vice versa.”

Dorothy Parker (1893–1967) American poet, short story writer, critic and satirist

Response to an editor pressuring her for overdue work, as quoted in The Unimportance of Being Oscar (1968) by Oscar Levant, p. 89

“It is the rate of investment which governs the rate of saving, and not vice versa.”

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Joan Robinson 46

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