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Quote by Joan Robinson

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

Quote by Joan Robinson

Book:Essay on Marxian Economics

Work

Essay on Marxian Economics

This book delves into the principles and concepts of Marxian economics, offering an in-depth analysis of the economic theories developed by Karl Marx and his followers. 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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“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

“The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all.”

Misery Capitalist

Book:Economic philosophy

Source: Economic philosophy

“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.”

Needs Helping Sides Greater Risk Effects Perception Cancer Vaccines Adverse Side Effects Cervical Cancer

Author:Joan Robinson

“When it is useful to them, men can believe a theory of which they know nothing more than its name.”

Knows Men Believe Names Theory

Book:Manual of political economy

Source: Manual of political economy

“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

“Assume that the new elite were clearly and simply to proclaim its intentions which are to supplant the old elite; no one would come to its assistance, it would be defeated before having fought a battle. On the contrary, it appears to be asking nothing for itself, well knowing that without asking anything in advance it will obtain what it wants as a consequence of its victory.”

Want Wells Would Be Knowing Victory Battle Consequence Asking Assuming Intention Contrary Elites Defeated Assistance

Book:Manual of political economy

Source: Manual of political economy