Joan Robinson Quote

But once we bring historical time into the argument, it is not so easy to present the free play of the market as an ideal mechanism for maximizing welfare and securing social justice.

Chapter IV, Increasing and Diminishing Returns, p. 63 - Economic Heresies (1971)

But once we bring historical time into the argument, it is not so easy to present the free play of the market as an ideal mechanism for maximizing...

But once we bring historical time into the argument, it is not so easy to present the free play of the market as an ideal mechanism for maximizing...

But once we bring historical time into the argument, it is not so easy to present the free play of the market as an ideal mechanism for maximizing...

But once we bring historical time into the argument, it is not so easy to present the free play of the market as an ideal mechanism for maximizing...