Rosa Luxemburg maintained that the capitalist system can keep up its rate of investment (and therefore its profits) only so long as it is expanding geographically.
Joan RobinsonWhen I came up to Cambridge (in October 1921) to read economics, I did not have much idea of what it was about.
Joan RobinsonIn 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 Robinson