Joan Robinson

"But once we bring historical time into the argument, it is not so easy to present the free play of the market as an ideal mechanism for maximizingwelfare and securing social justice."

"But the tygers of wrath go the other way. Do not ask me why. It is just a fact I noticed when I was looking through field glasses from a machan."

"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."

"Time, so to say, runs at right angles to the page at each point on the curve."

"To supply goods is a source of profit, but to supply services is a ' burden upon industry '. It is for this reason that when, as a nation, ' we have never had it so good ' we find that we ' cannot aff…"

"There is an unearthly, mystical element in Friedman's thought. The mere existence of a stock of money somehow promotes expenditure. But insofar as he offers an intelligible theory, it is made up of el…"

"Until recently, Marx used to be treated in academic circles with contemptuous silence, broken only by an occasional mocking footnote. But modern developments in academic theory, forced by modern devel…"

"When a large part of the market for British textiles was in the colonies, a fall in the price of tea and cocoa caused unemployment in Lancashire."