To supply goods is a source of profit, but to supply servic… - Joan Robinson

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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 afford ' just what we most need.

Joan Robinson

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About Joan Robinson

Joan Robinson FBA (30 October 1903 – 5 August 1983) was a British post-Keynesian economist who made many contributions to economic theory.

Also Known As

Birth Name: Joan Violet Maurice

Native Name: Joan Violet Robinson

Alternative Names: Joan V. Robinson

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John Maynard Keynes Paul Samuelson John Kenneth Galbraith Robert Heilbroner Steve Keen

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the merchant had observed that the marginal utility of daughters decreases with surprising rapidity.

At any moment there is certainly not balanced trade between the various areas of the habitable globe that happens to be under separate national governments — there is an ever-changing pattern of deficits and surpluses.

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

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 … - Joan Robinson

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