There is an unearthly, mystical element in Friedman's thought. The mere existence of a stock of money somehow promotes expenditure. But insofar as he offers an intelligible theory, it is made up of elements borrowed from Keynes. — Joan Robinson Copy Share Image
Progress is slow partly from mere intellectual inertia. In a subject where there is no agreed procedure for knocking out errors, doctrines have a long life. A professor teaches what he was taught, and his pupils, with a proper respect… — 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 Image
Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done. — Joan Robinson Copy Share Image
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 Image
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 Image
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 Image
science progresses by trial and error, and when it is forbidden to admit error there can be no progress. — 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 laisser faire,… — Joan Robinson Copy Share Image
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 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
“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 Image
![“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/quotes/img-quotes/eba/joan-robinson-11438_authority_the-very-nature-of-economics-is-rooted-i_15974.jpg)
