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Quote by Joan Robinson

“Income from property is not the reward of waiting, it is the reward of employing a good stockbroker.”

Quote by Joan Robinson

Book:Collected economic papers

Work

Collected economic papers

This book gathers a selection of scholarly works focusing on economic theory, policy, and analysis. It includes contributions from various economists, offering insights into economic principles and their application in real-world scenarios. more

Author

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

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“At any moment there is certainly not balanced trade between the various areas of the habitable globe that happens to be under seperate national governments - there is an ever-changing pattern of deficits and surpluses.”

Moments Government Happens Areas Trade Patterns Various Balanced Globes Deficit Surplus

Book:Contributions to Modern Economics

Source: Contributions to Modern Economics

“It seems that neither the Keynesian nor the Marxian prognosis of the future of capitalism is being fulfilled and we are left without any particular theory as to what will happen next.”

Seems Happens Next Left Particular Theory Capitalism Fulfilled Prognosis

Book:Contributions to Modern Economics

Source: Contributions to Modern Economics

“Just as there can be little doubt that labor unions are a significant political force, neither can there be much question that this political force is a by-product of the purely industrial activities that unions regard as their major function.”

Littles Political Force Doubt Products Activity Majors Labor Function Regard Unions Significant Labor Union

Book:THE LOGIC OF COLLECTIVE ACTION

Source: THE LOGIC OF COLLECTIVE ACTION

“We owe to democracy, at least in part, the regime of discussion with which we live; we owe it to the principal modern liberties: those of thought, press and association. And the regime of free discussion is the only one which permits the ruling class to renew itself... which eliminates that class quasi-automatically when it no longer corresponds to the interests of the country.”

Country Interest Liberty Class Democracy Modern Speech Presses Discussion Permit Association Regimes Principal Ruling

Author:Gaetano Mosca

“It is no coincidence that some of America's most lethargic industries-steel, footwear, rubber, textiles-are also among the most heavily protected.”

America Industry Economics Protected Steel Coincidence Rubber Textiles Footwear Lethargic

Author:Thomas DiLorenzo

“There has never in the history of the civilized world been a cohort of kids that is so little affected by adult guidance and so attuned to a peer world. We have removed grown-up wisdom and allowed them to drift into a self-constructed, highly relativistic world of friendship and peers.”

World Littles Self Kids Education Adults Guidance Civilized Affected Peers

Author:William Damon

“Pessimism is the product of a hostile social state. Its answer is the substitution of a friendly social state. If this can be done it will disappear.”

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Author:Lester Frank Ward

“We must contemplate some extremely unpleasant possibilities, just because we want to avoid them and achieve something better. Nobody, however, likes to think about anything unpleasant, even to avoid it. And so the crucial problem of thermonuclear war is frequently dispatched with the label 'War is unthinkable' -- which, translated freely, means we don't want to think about it.”

Thinking Want Mean War Problem History Learning Achieve Possibility Likes Labels Crucial Contemplating Something Better Unthinkable Nuclear War

Author:Albert Wohlstetter

“If what is best in mankind, and what its progress depends on, manifests itself primarily in the individual and only secondarily in the mass, then our objectives should be to maintain such freedom as allows the individual to think and speak for himself.”

Ifs Thinking Should Individual Speak Freedom Progress Mankind Depends Speech Mass Objectives Individualism Free Thought

Author:Louis J. Halle

“The revolt against freedom, which can be traced back so far, is associated with a revolt against reason that [gives] sentiment primacy to evaluate actions and experiences according to the subjective emotions with which they are associated.”

Giving Reason Action Freedom Emotion Sentiments Subjective Evaluate Revolt Primacy

Author:Louis J. Halle