economics limps along with one foot in untested hypotheses and the other in untestable slogans.
Joan RobinsonWhere is the pricing system that offers the consumer a fair choice between air to breathe and motor cars to drive about in?
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 RobinsonIt's a terrible thing to be a worker exploited in the capitalist system. The only worse thing is to be a worker unable to find anyone to exploit you.
Joan Robinson