Class Quote by Joan Robinson

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

This paper was one of my digressions into abstract economics.

— William Vickrey

One of the profound effects of economics in our day is that the people with the money and the power have embraced the guilt-free,…

— Jane Smiley

I suspected economics was irredeemable as a policy tool for citizens groups. I saw economics lead its practitioners and citizens alike into a form…

— Hazel Henderson

Economics is like a church, and it fulfills the same function the church had fulfilled for centuries: the justification of the status quo.

— Thomas Pogge

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

“It was the ideas of the classical economists that removed the checks imposed by age-old laws, customs, and prejudices upon technological improvement and freed…

— Ludwig von Mises

No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics is to…

— Ludwig von Mises

“In a BBC broadcast in 1934, when he was a year away from finishing The General Theory, Keynes pinpointed the fundamental difference between an…

— Stephen A. Marglin

The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal…

— Joan Robinson

Capitalism justified itself and was adopted as an economic principle on the express ground that it provides selfish motives for doing good, and that…

— George Bernard Shaw

Early economic theory was rooted in the Italian, French, and Spanish traditions, which were subjectivist oriented. Then it shifted onto the terrible path by…

— Murray Rothbard