An economy may be in equilibrium from a short-period point of view and yet contain within itself incompatibilities that are soon going to knock it out of equilibrium.
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by ec… - Joan Robinson
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by ec…
- Joan Robinson
Ideology is like breath: you never smell your own. - Joan Robinson
Ideology is like breath: you never smell your own.
One of the main effects (I will not say purposes) of orthodox traditional economics was ... a plan for explaining to the privileged class that their … - Joan Robinson
One of the main effects (I will not say purposes) of orthodox traditional economics was ... a plan for explaining to the privileged class that their …
Marxism is the opium of the Marxists. - Joan Robinson
Marxism is the opium of the Marxists.
Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universa… - Joan Robinson
Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universa…
The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money … - Joan Robinson
The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money …
It's a terrible thing to be a worker exploited in the capitalist system. The only worse thing is to be a worker unable to find anyone to exploit you. - Joan Robinson
It's a terrible thing to be a worker exploited in the capitalist system. The only worse thing is to be a worker unable to find anyone to exploit you.
The point of studying economics is so as not to be fooled by economists. - Joan Robinson
The point of studying economics is so as not to be fooled by economists.
Reality is never a golden age. - Joan Robinson
Reality is never a golden age.
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