Modern technique, as Marx pointed out, fosters the concentr… - Joan Robinson

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Modern technique, as Marx pointed out, fosters the concentration of capital, and the levels of profits is supported by a scarcity of enterprise which is not due to the real cost of risk-bearing, but to the scarcity of individuals who have anything to risk.

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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Modern technique, as Marx pointed out, fosters the concentration of capital, and the levels of profits is supported by a scarcity of enterprise which… - Joan Robinson

About Joan Robinson

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