science progresses by trial and error, and when it is forbidden to admit error there can be no progress.
Joan RobinsonIt is the business of economists, not to tell us what to do, but show why what we are doing anyway is in accord with proper principles.
Joan RobinsonVoltaire remarked that it is possible to kill a flock of sheep by witchcraft if you give them plenty of arsenic at the same time. The sheep, in this figure, may well stand for the complacent apologists of capitalism; Marx's penetrating insight and bitter hatred of oppression supply the arsenic, while the labour theory of value provides the incantations.
Joan Robinson