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Jo Robinson Inspirational Quotes (46)

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The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
Joan Robinson
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Income from property is not the reward of waiting, it is the reward of employing a good stockbroker.
Joan Robinson
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Even if the crises that are looming up are overcome and a new run of prosperity lies ahead, deeper problems will still remain. Modern capitalism has no purpose except to keep the show going.
Joan Robinson
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When I came up to Cambridge (in October 1921) to read economics, I did not have much idea of what it was about.
Joan Robinson
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In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.
John Buchanan Robinson
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An economy may be in equilibrium from a short-period point of view and yet contain within itself incompatibilities that are soon going to knock it out of equilibrium.
Joan Robinson
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In brief, egoism in its modern interpretation, is the antithesis, not of altruism, but of idealism.
John Buchanan Robinson
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Paper currency has hitherto been regarded with suspicion, as insecure.
John Buchanan Robinson
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It is much easier to organize control over one industry serving many markets than over one market served by the products of several industries.
Joan Robinson
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Unemployment is a reproach to a democratic government.
Joan Robinson
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I am verily persuaded the Lord has more truth yet to break forth out of His holy word. I beseech you, remember (it is an article of your church covenant) that you be ready to receive whatever truth shall be made known to you from the word of God.
John Robinson
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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 Robinson
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Modern money is almost altogether credit money.
John Buchanan Robinson
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But egoism is more than this. It is the realization by the individual that he is above all institutions and all formulas that they exist only so far as he chooses to make them his own by accepting them.
John Buchanan Robinson
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The egoist is fooled by no ideals: he discards them or uses them, as may suit his own interest.
John Buchanan Robinson
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It is often said by reformers that government should be conducted upon business principles.
John Buchanan Robinson
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owning capital is not a productive activity.
Joan Robinson
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According to your sympathy, you will take pleasure in your own happiness or in the happiness of other people but it is always your own happiness you seek.
John Buchanan Robinson
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Marxism is the opium of the Marxists.
Joan Robinson
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If you don't know how to hold a board, you're going to look phony. That's was the biggest pressure for me was to have that respect and to look up to that.
John Robinson
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The point of studying economics is so as not to be fooled by economists.
Joan Robinson
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If a rise in wages does not raise prices, a fall will not reduce them.
Joan Robinson
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