The point of studying economics is so as not to be fooled by economists. — Joan Robinson Copy Share Image
Where is the pricing system that offers the consumer a fair choice between air to breathe and motor cars to drive about… — Joan Robinson Copy Share Image
economics limps along with one foot in untested hypotheses and the other in untestable slogans. — Joan Robinson Copy Share Image
The only thing worse than being exploited by capitalism is not being exploited by capitalism. — Joan Robinson Copy Share Image
Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into… — Joan Robinson Copy Share Image
Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done. — Joan Robinson Copy Share Image
When I came up to Cambridge (in October 1921) to read economics, I did not have much idea of what it was about. — Joan Robinson Copy Share Image
An economy may be in equilibrium from a short-period point of view and yet contain within itself incompatibilities that are soon going… — Joan Robinson Copy Share Image
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to… — Joan Robinson Copy Share Image
The very nature of economics is rooted in nationalism. ... It [was] developed ... in the hope of throwing light upon questions… — Joan Robinson Copy Share Image
A sure sign of a crisis is the prevalence of cranks. It is characteristic of a crisis in theory that cranks get… — Joan Robinson Copy Share Image
The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of… — Joan Robinson Copy Share Image
The orthodox doctrines of economics which were dominant in the last quarter of the nineteenth century had a clear message. They supported… — Joan Robinson Copy Share Image
Even if the crises that are looming up are overcome and a new run of prosperity lies ahead, deeper problems will still… — Joan Robinson Copy Share Image
It seems that neither the Keynesian nor the Marxian prognosis of the future of capitalism is being fulfilled and we are left… — Joan Robinson Copy Share Image
Utility is a metaphysical concept of impregnable circularity; utility is the quality in commodities that makes individuals want to buy them, and… — Joan Robinson Copy Share Image
The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured… — Joan Robinson Copy Share Image
“After the war, when the problem of deficient effective demand seemed to have faded into the background, a fresh question came to… — Joan Robinson Copy Share Image
Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing… — Joan Robinson Copy Share Image
“Stalin formulated the economic aims of socialism as: “The securing of the maximum satisfaction of the constantly rising material and cultural requirements… — Joan Robinson Copy Share Image
Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it. ... Absolute misery grows while wealth increases. — Joan Robinson Copy Share Image
Marx, however imperfectly he worked out the details, set himself the task of discovering the law of motion of capitalism, and if… — Joan Robinson Copy Share Image
One of the main effects (I will not say purposes) of orthodox traditional economics was ... a plan for explaining to the… — Joan Robinson Copy Share Image
The very nature of economics is rooted in nationalism. ... It [was] developed ... in the hope of throwing light upon questions of policy.… — Joan Robinson Copy Share
Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done. — Joan Robinson Copy Share
we make a great fuss about national conscience, but it consists mainly in insisting upon everyone ascribing our national policy to highly moral motives,… — Joan Robinson Copy Share
Marx, however imperfectly he worked out the details, set himself the task of discovering the law of motion of capitalism, and if there is… — Joan Robinson Copy Share
Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat… — Joan Robinson Copy Share
science progresses by trial and error, and when it is forbidden to admit error there can be no progress. — Joan Robinson Copy Share
The orthodox doctrines of economics which were dominant in the last quarter of the nineteenth century had a clear message. They supported laisser faire,… — Joan Robinson Copy Share
It's a terrible thing to be a worker exploited in the capitalist system. The only worse thing is to be a worker unable to… — Joan Robinson Copy Share
Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it. ... Absolute misery grows while wealth increases. — Joan Robinson Copy Share
“After the war, when the problem of deficient effective demand seemed to have faded into the background, a fresh question came to the fore… — Joan Robinson Copy Share
In all the talk in the Principles (as opposed to the formal analysis) it is not the saving of rentiers but the energy of… — Joan Robinson Copy Share
I do not regard the Keynesian revolution as a great intellectual triumph. On the contrary, it was a tragedy because it came so late.… — Joan Robinson Copy Share
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being… — Joan Robinson Copy Share
![“The very nature of economics is rooted in nationalism. ... It [was] developed ... in the hope of throwing light upon questions of policy. But policy means nothing unless there is an authority to carry it out, and authorities are national.” quote by Joan Robinson](https://sms4smile.com/q/img-quotes/eba/joan-robinson-11438_authority_the-very-nature-of-economics-is-rooted-i_15974.png)
![“Stalin formulated the economic aims of socialism as: “The securing of the maximum satisfaction of the constantly rising material and cultural requirements of the whole society.” [Economic Problems of Socialism in U.S.S.R., English edition, p. 45.] Taken positively, this has no more content than…” quote by Joan Robinson](https://sms4smile.com/q/img-quotes/e3e/joan-robinson-11438_economics_stalin-formulated-the-economic-aims-of-s_2661478.png)
