Joan Robinson: An Informal Memoir

Duncan Foley

Chapter 40 in Joan Robinson and Modern Economic Theory, 1989, pp 874-876 from Palgrave Macmillan

Abstract: Abstract My first encounter with Joan Robinson was when I was a graduate student and read her Review of Economic Studies article on the concept of capital and the production function. This left me (and apparently many other people) bewildered; in my case not only because I had difficulty in following her argument, but also because due to defects in my education in economics, I was not very familiar with the concept of capital she was attacking. What I had studied of economic theory, general equilibrium theory, made me doubt that it was possible to summarize general production sets in a two-dimensional space, but I was in enough awe of those very successful theorists who asserted that it was possible, that I decided to avoid thinking about the problem too hard.

Keywords: Successful Theorist; Commodity Production; Commodity Space; General Equilibrium Theory; Labor Theory (search for similar items in EconPapers)
Date: 1989
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DOI: 10.1007/978-1-349-08633-7_40

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