Get Joan Robinson (Great Thinkers in Economics) PDF

By Geoffrey Harcourt, Prue Kerr

Joan Robinson is generally thought of to be among the best economists of the 20 th Century. This publication offers a finished examine of her existence and paintings, studying her function within the making of the final idea, her severe curiosity in Marxian economics, her contributions to Labour get together coverage and her writings on improvement, specifically China.

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Extra resources for Joan Robinson (Great Thinkers in Economics)

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Vol. XIII, 1973a, 270). Hayek was Keynes’s foremost critic when A Treatise on Money was published, with his review articles in Economica (Hayek, 1931b; 1932a) and exchanges with Keynes (Hayek, 1931c; Keynes, 1931a). 2 Joan Robinson wrote an article about the Hayek/Keynes exchanges in 1931; however, it was not published in Economica until 1933 (Robinson, 1933b). The article was called ‘A parable of savings and investment’. 3 It is addressed to the ‘simple minded reader’ within which class she included herself.

Joan Robinson saw a disjuncture between volume I and volume III of Capital, seeing most of volume I as unnecessary. The point of volume I was to elaborate on the classical labour theory of value, to develop a theory of the production and appropriation of surplus value, and so ultimately of profits. , in a theory 40 Joan Robinson of relative prices, which is the primary object of the orthodox enquiry. In volume III, Marx comments: ‘under capitalist production, the general law of value enforces itself merely as the prevailing tendency, in a very complicated and approximate manner, as a never ascertainable average of ceaseless fluctuations’ (Marx, 1909b, vol.

The point of volume I was to elaborate on the classical labour theory of value, to develop a theory of the production and appropriation of surplus value, and so ultimately of profits. , in a theory 40 Joan Robinson of relative prices, which is the primary object of the orthodox enquiry. In volume III, Marx comments: ‘under capitalist production, the general law of value enforces itself merely as the prevailing tendency, in a very complicated and approximate manner, as a never ascertainable average of ceaseless fluctuations’ (Marx, 1909b, vol.

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