Joan Robinson
British · 1903–1983
British economist, a central figure in post-Keynesian economics, known for her work on imperfect competition and her sharp critiques of orthodox economic theory.
Wikipedia ↗“Marx, however much he may have been wrong in detail, understood the nature of capitalism better than anyone else. His central theme — that private property in the means of production is a social relation, not a natural fact — remains as valid as ever.”
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“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 deceived by economists.”
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“The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all.”
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“Any government which had both the power and the will to remedy the major defects of the capitalist system would have the will and the power to abolish it altogether.”
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“Economics limps along with one foot in untested hypotheses and the other in untestable slogans.”
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“There is no such thing as a normal period of history. Normality is a fiction of economic textbooks.”
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