Joan Robinson
A prominent Post-Keynesian economist who contributed to theories of imperfect competition and capital accumulation.
Quotes by Joan Robinson
Economics is a subject that should not be left to economists.
Profit is not the purpose of enterprise, but rather the test of its validity.
The world is full of willing people; some willing to work, the rest willing to let them.
In the long run, we are all dead economists.
Monopoly is a hideous thing, but so is competition.
The measure of a society's progress is not how much it produces, but how well it distributes.
Economics without ethics is a form of madness.
The invisible hand is often a pickpocket.
Growth for what? That is the question we must answer.
The market is a mechanism, not a deity.
Poverty is not a misfortune, it is an injustice.
In economics, as in life, the road to hell is paved with good intentions.
The rate of interest is the price of money, but money has no price.
We live in a world where the rich get richer, and the poor get theories.
The essence of capitalism is to turn nature into commodities and commodities into capital.
Happiness is not found in accumulation, but in distribution.
Economists are like dentists: they both work on the nerves.
The future is not what it used to be in economic forecasts.
Imperfect competition is the rule, perfect competition the exception.
Liberty without equality is a farce.