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Joan Robinson Quotes

Economist

Joan Robinson was a British economist renowned for her work on imperfect competition theory and labor theory of value. Her contributions have had a profound impact on the development of economics.

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Famous Joan Robinson Quotes

“Voltaire remarked that it is possible to kill a flock of sheep by witchcraft if you give them plenty of arsenic at the same time. The sheep, in this figure, may well stand for the complacent apologists of capitalism; Marx's penetrating insight and bitter hatred of oppression supply the arsenic, while the labour theory of value provides the incantations.”

Ifs Giving Wells May Values Figures Theory Capitalism Hatred Insight Oppression Bitter Plenty Labour Sheep Witchcraft Flocks Complacent Arsenic

Book:Essay on Marxian Economics

Source: Essay on Marxian Economics

“If a rise in wages does not raise prices, a fall will not reduce them.”

Ifs Doe Fall Raises Wages

Book:Essay on Marxian Economics

Source: Essay on Marxian Economics

“Marx, however imperfectly he worked out the details, set himself the task of discovering the law of motion of capitalism, and if there is any hope of progress in economics at all, it must be in using academic methods to solve the problems posed by Marx.”

Ifs Problem Law Progress Capitalism Economics Tasks Method Details Solve Academic Discovering Laws Of Motion

Book:Essay on Marxian Economics

Source: Essay on Marxian Economics

“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.”

Ifs Stills Shows Problem Running Lying Purpose Modern Capitalism Overcoming Crisis Prosperity Deeper Looming

Book:Economic heresies: some old-fashioned questions in economic theory

Source: Economic heresies: some old-fashioned questions in economic theory

“If there is any law governing the distribution of income between classes, it still remains to be discovered.”

Ifs Stills Law Class Remains Income Distribution Governing

Book:Essay on Marxian Economics

Source: Essay on Marxian Economics