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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

“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.”

Energy Principles Entrepreneur Saving Analysis Formal Accumulation

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

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

“It is impossible to add the stock of money to the flow of saving.”

Impossible Flow Add Saving

Book:Contributions to Modern Economics

Source: Contributions to Modern Economics

“Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.”

Done Economics Method Income Saving Distribution

Book:Essay on Marxian Economics

Source: Essay on Marxian Economics

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

Investment Rate Vices Saving Vice Versa

Book:Essay on Marxian Economics

Source: Essay on Marxian Economics