In all the talk in the Principles (as opposed to the formal analysis) it is not the saving of rentiers but the energy of entrepreneurs which governs accumulation.
Joan RobinsonAt any moment there is certainly not balanced trade between the various areas of the habitable globe that happens to be under seperate national governments - there is an ever-changing pattern of deficits and surpluses.
Joan RobinsonI came away from the talk with the perception that the risk of adverse side effects is so much greater than the risk of cervical cancer, I couldnโt help but question why we need the vaccine at all.
Joan RobinsonUnequal distribution of income is an excessively uneconomic method of getting the necessary saving done.
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