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Joan Robinson Quotes
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Unemployment is a reproach to a democratic government (Joan Robinson Quotes)
Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it. ... Absolute misery grows while wealth increases. (Joan Robinson Quotes)
Modern capitalism has no purpose except to keep the show going (Joan Robinson Quotes)
An agent must have some discretion (Joan Robinson Quotes)
But once we bring historical time into the argument, it is not so easy to present the free play of the market as an ideal mechanism for maximizing welfare and securing social justice (Joan Robinson Quotes)
The orthodox doctrines of economics which were dominant in the last quarter of the nineteenth century had a clear message. They supported laisser faire, free trade, the gold standard, and the universally advantageous effects of the pursuit of profit by competitive private enterprise (Joan Robinson Quotes)
There is no such thing as a normal period of history. Normality is a fiction of economic textbooks (Joan Robinson Quotes)
I came away from the talk with the perception that the risk of adverse side effects is so much greater than the risk of cervical cancer, I couldn’t help but question why we need the vaccine at all. (Joan Robinson Quotes)
In general, the nightmare quality of Marx’s thought gives it, in this bedevilled age, an air of greater reality than the gentle complacency of the orthodox academics. Yet he, at the same time, is more encouraging than they, for he releases hope as well as terror from Pandora’s box, while they preach only the gloomy doctrine that all is for the best in the best of all possible worlds (Joan Robinson Quotes)
It is impossible to add the stock of money to the flow of saving (Joan Robinson Quotes)
The point of studying economics is so as not to be fooled by economists (Joan Robinson Quotes)
Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done (Joan Robinson Quotes)
The merchant had observed that the marginal utility of daughters decreases with surprising rapidity (Joan Robinson Quotes)
Ideology is like breath: you never smell your own (Joan Robinson Quotes)
If a rise in wages does not raise prices, a fall will not reduce them (Joan Robinson Quotes)
The only thing worse than being exploited by capitalism is not being exploited by capitalism (Joan Robinson Quotes)
Economics limps along with one foot in untested hypotheses and the other in untestable slogans (Joan Robinson Quotes)
Reality is never a golden age (Joan Robinson Quotes)
It is much easier to organize control over one industry serving many markets than over one market served by the products of several industries (Joan Robinson Quotes)
It is high time to abandon the mainstream and take to the turbulent waters of truly dynamic analysis (Joan Robinson Quotes)
But, as soon as speculators become an important influence in the market, their business is to speculate on each others behaviour (Joan Robinson Quotes)
Science progresses by trial and error, and when it is forbidden to admit error there can be no progress (Joan Robinson Quotes)
Time, so to say, runs at right angles to the page at each point on the curve (Joan Robinson Quotes)
Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat in full view of the audience (Joan Robinson Quotes)
Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it.... Absolute misery grows while wealth increases (Joan Robinson Quotes)
Where is the pricing system that offers the consumer a fair choice between air to breathe and motor cars to drive about in? (Joan Robinson Quotes)
A sure sign of a crisis is the prevalence of cranks. It is characteristic of a crisis in theory that cranks get a hearing from the public which orthodoxy is failing to satisfy (Joan Robinson Quotes)
It is the business of economists, not to tell us what to do, but show why what we are doing anyway is in accord with proper principles (Joan Robinson Quotes)
We make a great fuss about national conscience, but it consists mainly in insisting upon everyone ascribing our national policy to highly moral motives, rather than in examining what our motives really are (Joan Robinson Quotes)
New ideas are difficult just because they are new. Repetition has somehow plastered over the gaps and inconsistencies in the old ones, and the new cannot penetrate (Joan Robinson Quotes)
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