The rise of classical political economy has certainly marked a change in the way economic theory dealt with monetary issues, as it combined the microeconomic knowledge of the problems of metallic circulation with a macroeconomic analysis of the causes of monetary disturbances (balance of...

Joan Robinson's association with three Cambridge 'revolutions'—imperfect competition, effective demand and capital theory—is examined in the context of her personal and intellectual partnership with Richard Kahn, John Maynard Keynes and Piero Sraffa. Initially, imperfect competition appeared...