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Persistent link: https://www.econbiz.de/10010583002
In February 1933, Edward Chamberlin published The Theory of Monopolistic Competition. Joan Robinson's The Economics of Imperfect Competition followed in the spring. A disciplinary consensus quickly formed, holding that the two books represented simultaneous discoveries of the same theoretical...
Persistent link: https://www.econbiz.de/10010547893
Persistent link: https://www.econbiz.de/10010569567
The paper examines the so-called Cambridge post-Keynesians from the point of view of one who was exposed to them as an undergraduate, with the addition of some mature thoughts. As confirmed by Luigi Pasinetti in his 2007 book Keynes and the Cambridge Keynesians: A “Revolution in Economics”...
Persistent link: https://www.econbiz.de/10010570977
Joan Robinson is the rebel with a cause par excellence. She has been at the forefront of most major developments, some of them revolutionary, in modern economic theory since the late 1920s. Joan Robinson has always believed passionately in her subject as a force for enlightenment and she has...
Persistent link: https://www.econbiz.de/10008599430
Joan Robinson's infatuation with Mao's China remains the most controversial episode of the Cambridge economist's life. Drawing on the literatures on observation in science and economics, and economists' travels, we aim at overcoming the dichotomy between Robinson as a 'political pilgrim' and as...
Persistent link: https://www.econbiz.de/10012626034
One of the rude awakenings for economists from the current recession is an emerging understanding that economics has gone wild with its highbrow mathematical models that bear little resemblance to reality. The failure of economics to predict and solve the current global recession, has restored...
Persistent link: https://www.econbiz.de/10008498468
This paper reconstructs the academic figure of Sraffa at the University of Cambridge as it emerges from his papers, his correspondence with the economists with whom he had special relations, and the official documents of the University, in particular in connection with his role in the Faculty of...
Persistent link: https://www.econbiz.de/10005505430
Donald Walker has provided us with a three-volume collection of work drawn from the literature of the past half-century intended to illustrate the variations over that period in the form and substance of the economist's concept of "equilibrium" and, in so doing, to complement the well-known...
Persistent link: https://www.econbiz.de/10005453644
This paper considers some methodological aspects of Joan Robinson's contribution to post-Keynesian growth theory. Joan Robinson's criticisms of equilibrium analysis, of the conflation of logical and historical time and of the uses (and misuses) of mathematical formalisation are scathing. But...
Persistent link: https://www.econbiz.de/10010456990