“In all the talk in the Principles (as opposed to the formal analysis) it is not the saving of rentiers but the energy of entrepreneurs which governs accumulation.”

Source: Economic Heresies (1971), Chapter I, Stationary States, p. 14

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "In all the talk in the Principles (as opposed to the formal analysis) it is not the saving of rentiers but the energy o…" by Joan Robinson?
Joan Robinson photo
Joan Robinson 46
English economist 1903–1983

Related quotes

Mark Hopkins (educator) photo
Niall Ferguson photo
Vladimir Lenin photo
Jay Samit photo

“The trouble with most entrepreneurs is that they would rather be ruined by praise than saved by criticism.”

Jay Samit (1961) American businessman

Source: Disrupt You! (2015), p.115

Robert Hayne photo
Henri Poincaré photo

“As we can not give a general definition of energy, the principle of the conservation of energy signifies simply that there is something which remains constant.”

Comme nous ne pouvons pas donner de l'énergie une définition générale, le principe de la conservation de l'énergie signifie simplement qu'il y a quelque chose qui demeure constant.
Source: The Value of Science (1905), Ch. 10: Is Science artificial?

Pearl S.  Buck photo

“The creative instinct is, in its final analysis and in its simplest terms, an enormous extra vitality, a super-energy, born inexplicably in an individual, a vitality great beyond all the needs of his own living — an energy which no single life can consume.”

Pearl S. Buck (1892–1973) American writer

The Chinese Novel (1938)
Context: The instinct which creates the arts is not the same as that which produces art. The creative instinct is, in its final analysis and in its simplest terms, an enormous extra vitality, a super-energy, born inexplicably in an individual, a vitality great beyond all the needs of his own living — an energy which no single life can consume. This energy consumes itself then in creating more life, in the form of music, painting, writing, or whatever is its most natural medium of expression. Nor can the individual keep himself from this process, because only by its full function is he relieved of the burden of this extra and peculiar energy — an energy at once physical and mental, so that all his senses are more alert and more profound than another man's, and all his brain more sensitive and quickened to that which his senses reveal to him in such abundance that actuality overflows into imagination. It is a process proceeding from within. It is the heightened activity of every cell of his being, which sweeps not only himself, but all human life about him, or in him, in his dreams, into the circle of its activity.

John Tyler photo

“Wealth can only be accumulated by the earnings of industry and the savings of frugality.”

John Tyler (1790–1862) American politician, 10th President of the United States (in office from 1841 to 1845)

First annual message to Congress (1 June 1841).

Edmund Burke photo
James Madison photo

“[ecclesiastical]Besides the danger of a direct mixture of religion and civil government, there is an evil which ought to be guarded against in the indefinite accumulation of property from the capacity of holding it in perpetuity by ecclesiastical corporations. The establishment of the chaplainship in Congress is a palpable violation of equal rights as well as of Constitutional principles. The danger of silent accumulations and encroachments by ecclesiastical bodies has not sufficiently engaged attention in the U. S.”

James Madison (1751–1836) 4th president of the United States (1809 to 1817)

"Monopolies, Perpetuities, Corporations, Ecclesiastical Endowments"; this is an essay probably written sometime between 1817 and 1832. It has sometimes been incorrectly portrayed as having been uncompleted notes written sometime around 1789 while opposing the bill to establish the office of Congressional Chaplain. It was first published as "Aspects of Monopoly One Hundred Years Ago" in 1914 by Harper's Magazine and later in "Madison's Detached Memoranda" by Elizabeth Fleet in William and Mary Quarterly (1946). More information on this essay is available in "James Madison and Tax-Supported Chaplains" by Chris Rodda http://www.talk2action.org/story/2007/2/16/235118/895
1810s

Related topics