Economics : an awkward corner / by Joan Robinson with an introduction to the American edition by Robert Lekachman.
Material type: TextPublication details: New York, NY : Pantheon Books, 1967.Edition: First American editionDescription: xiii, 86 pages ; 21 cmSubject(s): DDC classification:- 330
- HC 256 .5 .R644 1967
Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
BOOKS | Niebyl-Proctor Marxist Library General Stacks | The Karl H. Niebyl Collection | HC 256 .5 .R644 1967 (Browse shelf(Opens below)) | Not For Loan | NPML20050031 |
Bibliographical references included in "Notes" (pages 65-80) and includes index
Introduction to the American edition -- Introduction -- I Incomes and prices -- II The balance of trade -- III International finance -- IV Employment and growth -- V Monopoly and competition -- VI Work and property -- Conclusion -- Notes -- Postscript: the crisis of 1966
"Robinson wrote Economics: An Awkward Corner, in the summer of 1966, 'when current happenings provided a painful illustration of its main thesis,' which was that 'the notions of laisser-faire, that business men know what is best, are contradicted by the evident need for planning to maintain a "high and stable level of employment." ' The major problems she saw at the time were those of inflation and imbalance of international payments. At the time, Scotland and Northern Ireland had high unemployment rates but this had not yet happened in England. Robinson claimed that it was 'impossible to understand the economic system in which we are living if we try to interpret it as a rational scheme.' Instead, 'in every age economic life has been a scene of conflict and compromise, defended by rationalizations that did not fit with experience.' " -- from "Joan Robinson and the Americans," by Marjorie Shepherd Turner, originally published in 1989.
Donation from Karl and Elizabeth Niebyl.
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