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Joan Robinson’s Economics

A Centennial Celebration
Edited by Bill Gibson, Professor of Economics, University of Vermont, US
On the 100th anniversary of the birth of one of the 20th century’s most accomplished and controversial economists, scholars from around the world reflect on the legacy of Joan Robinson’s work. Addressing Robinsonian themes in growth, money, trade and methodology, their essays provide fresh perspectives on old questions.

Joan Robinson’s first priority was not theoretical perfection or abstract rigor. The arcane debates of the profession had little practical relevance and became increasingly tedious to her. Ironically, much of current economic theory embraces the realism she was striving toward. Indeed, as the essays in this volume show, she was in many ways ahead of her time.
Extent: 416 pp
Hardback Price: £112.00 Online: £100.80
Publication Date: 2005
ISBN: 978 1 84376 932 3
Availability: Out of Stock
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  • Economics and Finance
  • Economic Psychology
  • History of Economic Thought
On the 100th anniversary of the birth of one of the 20th century’s most accomplished and controversial economists, scholars from around the world reflect on the legacy of Joan Robinson’s work. Addressing Robinsonian themes in growth, money, trade and methodology, their essays provide fresh perspectives on old questions.

Joan Robinson’s first priority was not theoretical perfection or abstract rigor. The arcane debates of the profession had little practical relevance and became increasingly tedious to her. Ironically, much of current economic theory embraces the realism she was striving toward. Indeed, as the essays in this volume show, she was in many ways ahead of her time.

The volume begins by tracing the intellectual contours of her work and discussing the people and events that shaped her thinking. The succeeding chapters address her theories on accumulation, capital, and equilibrium, her interpretation of Marx, as well as the influence of Piero Sraffa. Several chapters analyze and extend her theory of growth, illustrating the wide applicability of her approach.

A compelling exploration of Joan Robinson’s contributions, this volume will be of great interest to scholars interested in growth, income distribution, post-Keynesian economics, macroeconomics, history of thought, money, capital theory, international trade and finance.
‘The articles are well written and with clear purpose. The book is thought-provoking for those interested in issues of macroeconomic theory and political economy and for those curious about what the sources of some of the major twentieth-century controversies were, and to some extent still are.’
– Michael Brün, Feminist Economics
Contributors: A. Bhaduri, R.A. Blecker, A.K. Dutt, B. Gibson, H. Gram, G.C. Harcourt, D.J. Harris, P. Kerr, J. Lovinsky, M.C. Marcuzzo, E.J. Nell, T. Nulty, T. Palley, L.L. Pasinetti, L.-P. Rochon, C. Sardoni, P. Skott
Contents: Foreword by Timothy Nulty Introduction Part I: Retrospective 1. Joan Robinson and her Circle 2. Robinson and Sraffa 3. Robinson on Marx 4. Knowledge Without Pain Part II: A Sense of Realism 5. Robinson on ‘History versus Equilibrium’ 6. Expectations and the Capital Controversy 7. Robinson, History and Equilibrium 8. Equilibrium, Stability and Economic Growth 9. On Different Regimes of Accumulation 10. Class Conflict and the Cambridge Theory of Distribution 11. A Robinson Model for Argentina Part III: Thematic Breadth 12. Beyond the Accumulation of Capital 13. Robinson on Credit, Money and Finance 14. Money in The Accumulation of Capital 15. International Economics after Robinson References Index