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Quote by Joan Robinson

“Whatever you can rightly say about India, the opposite is also true.”

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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. more

“Men follow their sentiments and their self-interest, but it pleases them to imagine that they follow reason. And so they look for, and always find, some theory which, a posteriori, makes their actions appear to be logical. If that theory could be demolished scientifically, the only result would be that another theory would be substituted for the first one, and for the same purpose.”

Ifs Men Firsts Looks Self Reason Would Be Action Purpose Interest Results Imagine Theory Please Logical Sentiments Imagine That Self Interest

Book:Manual of political economy

Source: Manual of political economy

“Increase in the wealth per capita fosters democracy; but the latter, at least according to what we have been able to observe up to now, entails great destruction of wealth and even eventually dries up the sources of it. Hence it is its own grave-digger, it destroys what gave it birth.”

Has Beens Able Wealth Democracy Source Birth Destruction Increase Graves Latter

Book:Manual of political economy

Source: Manual of political economy

“It is a know fact that almost all revolutions have been the work, not of the common people, but of the aristocracy, and especially of the decayed part of the aristocracy.”

People Knows Has Beens Facts Common Revolution Aristocracy

Book:Manual of political economy

Source: Manual of political economy

“The diverse natures of men, combined with the necessity to satisfy in some manner the sentiment which desires them to be equal, has had the result that in the democracies they have endeavored to provide the appearance of power in the people and the reality of power in an elite.”

People Men Reality Desire Results Democracy Equal Appearance Sentiments Elites Diverse Nature Of Man

Book:Manual of political economy

Source: Manual of political economy

“For a very long time, and among a large number of peoples, political power has belonged to the owners of the land.”

Long Political Numbers Land Long Time Owners Large Numbers Political Power

Author:Vilfredo Pareto

Quote by Joan Robinson

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