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Economic theorists should not...

Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat in full view of the audience.

Joan Robinson 53 quotes

The fundamental differences b...

The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future.

Joan Robinson 53 quotes

When I came up to Cambridge (...

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 53 quotes

The very nature of economics ...

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.

Joan Robinson 53 quotes

Capital' is not what capital ...

Capital' is not what capital is called, it is what its name is called.

Joan Robinson 53 quotes

Capitalism with near-full emp...

Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.

Joan Robinson 53 quotes

I do not regard the Keynesian...

I do not regard the Keynesian revolution as a great intellectual triumph. On the contrary, it was a tragedy because it came so late. Hitler had already found out how to cure unemployment before Keynes had finished explaining why it occured.

Joan Robinson 53 quotes

It is the rate of investment ...

It is the rate of investment which governs the rate of saving, and not vice versa.

Joan Robinson 53 quotes

we make a great fuss about na...

we make a great fuss about national conscience, but it consists mainly in insisting upon everyone ascribing our national policy to highly moral motives, rather than in examining what our motives really are.

Joan Robinson 53 quotes

It is much easier to organize...

It is much easier to organize control over one industry serving many markets than over one market served by the products of several industries.

Joan Robinson 53 quotes

If a rise in wages does not r...

If a rise in wages does not raise prices, a fall will not reduce them.

Joan Robinson 53 quotes

It's a terrible thing to be a...

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 find anyone to exploit you.

Joan Robinson 53 quotes

Rosa Luxemburg maintained tha...

Rosa Luxemburg maintained that the capitalist system can keep up its rate of investment (and therefore its profits) only so long as it is expanding geographically.

Joan Robinson 53 quotes

In general, the nightmare qua...

In general, the nightmare quality of Marx's thought gives it, in this bedevilled age, an air of greater reality than the gentle complacency of the orthodox academics. Yet he, at the same time, is more encouraging than they, for he releases hope as well as terror from Pandora's box, while they preach only the gloomy doctrine that all is for the best in the best of all possible worlds.

Joan Robinson 53 quotes

Income from property is not t...

Income from property is not the reward of waiting, it is the reward of employing a good stockbroker.

Joan Robinson 53 quotes

Whatever you can rightly say ...

Whatever you can rightly say about India, the opposite is also true.

Joan Robinson 53 quotes

The only thing worse than bei...

The only thing worse than being exploited by capitalism is not being exploited by capitalism.

Joan Robinson 53 quotes

If there is any law governing...

If there is any law governing the distribution of income between classes, it still remains to be discovered.

Joan Robinson 53 quotes

It is a popular error that bu...

It is a popular error that bureaucracy is less flexible than private enterprise. It may be so in detail, but when large scale adaptations have to be made, central control is far more flexible. It may take two months to get an answer to a letter from a government department, but it takes twenty years for an industry under private enterprise to readjust itself to a fall in demand.

Joan Robinson 53 quotes

Utility is a metaphysical con...

Utility is a metaphysical concept of impregnable circularity; utility is the quality in commodities that makes individuals want to buy them, and the fact that individuals want to buy commodities shows that they have utility.

Joan Robinson 53 quotes

Добрые, щедрые, великодушные: 6 советских актеров, которые были всеобщими любимчиками

23

Советских актёров часто ставят в пример как образец духовной силы, национальной гордости и внутренней красоты. Они стали символами эпохи, носителями культуры и нравственности. Но, как известно, за кул...

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Расскажем, как сложилась судьба актеров, которые начинали сниматься еще в детстве.
Остаться на вершине в Голливуде удаётся не каждому, особенно если путь начался в детстве. Одни актёры теряются из-за...

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Два года назад отечественное телевидение столкнулось с беспрецедентной кадровой тектоникой — целая группа ярких и узнаваемых ведущих стремительно исчезла с экранов федеральных каналов. Эти лица долгие...

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Кира Найтли на страницах журнала к выходу фильма «Пиджак», 2005. Следы динозавра, раскопанные в русле реки Палакси. Техас. США. 1952г. Самая большая женщина рядом с самым маленьким мужчиной, 1922 год....