When I came up to Cambridge (in October 1921) to read economics, I did not have much idea of what it was about.
Joan RobinsonProgress is slow partly from mere intellectual inertia. In a subject where there is no agreed procedure for knocking out errors, doctrines have a long life. A professor teaches what he was taught, and his pupils, with a proper respect and reverence for teachers, set up a resistance against his critics for no other reason than that it was he whose pupils they were.
Joan RobinsonNot only subjective poverty is never overcome by growth, but absolute poverty is increased by it. ... Absolute misery grows while wealth increases.
Joan RobinsonThe misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all.
Joan Robinson