“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.”
Quote by Joan Robinson
Work
Economic heresies: some old-fashioned questions in economic theory
This book delves into various unconventional ideas and questions within the field of economic theory, offering a critical examination of traditional economic concepts. more
Author
Joan Robinson
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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“A depression is a situation of self-fulfilling pessimism.”
Source: Economic heresies: some old-fashioned questions in economic theory
“Reality is never a golden age.”
Source: Economic heresies: some old-fashioned questions in economic theory
Source: Economic heresies: some old-fashioned questions in economic theory
Source: Economic heresies: some old-fashioned questions in economic theory
“The nature of technology depends very much upon what the public can be induced to put up with.”
Source: Economic heresies: some old-fashioned questions in economic theory
Source: Economic heresies: some old-fashioned questions in economic theory
Source: Contributions to Modern Economics
Source: Contributions to Modern Economics
Source: Contributions to Modern Economics
“It is impossible to add the stock of money to the flow of saving.”
Source: Contributions to Modern Economics