Joan Robinson Inside and Outside the Stream
George R. Feiwel
Chapter 1 in Joan Robinson and Modern Economic Theory, 1989, pp 1-120 from Palgrave Macmillan
Abstract:
Abstract In the 1930s there were three great waves in economics: the Keynesian revolution, the imperfect (monopolistic) competition revolution, and the ‘fruitful clarification of the analysis of economic reality resulting from the mathematical and econometric handling of the subject’ (Samuelson, 1977, p. 890). Joan Robinson was a creative participant (as a member of Keynes’s Circus) and a generalizer of the first wave and one of the two independent (and complementary) architects of the second. Her position in the third is ambivalent. While she was innocent of modern mathematical techniques and showed some hostility towards their use in economics, her own theoretical writings (especially her major pre-war (1933) and post-war (1956, 1966) books) are very formalistic and abstract. She casts her argument in what may be called the axiomatic method, even though she is tinged with the ‘Marshallian incubus’ in execution.
Keywords: General Equilibrium; Technical Progress; Capitalist Economy; Full Employment; Companion Volume (search for similar items in EconPapers)
Date: 1989
References: Add references at CitEc
Citations: View citations in EconPapers (1)
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08633-7_1
Ordering information: This item can be ordered from
http://www.palgrave.com/9781349086337
DOI: 10.1007/978-1-349-08633-7_1
Access Statistics for this chapter
More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().