There is an unearthly, mystical element in Friedman's thoug… - Joan Robinson

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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 elements borrowed from Keynes.

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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Originators like Joan Robinson:

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

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Why did the hunters in the Wealth of Nations exchange beavers for deer?

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

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.

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… - Joan Robinson

About Joan Robinson

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