Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it.... Absolute misery grows while wealth increases.


The Second Crisis of Economic Theory (ed. 1972)

Joan Robinson Quotes

Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it.... Absolute misery grows while wealth increases.

Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it.... Absolute misery grows while wealth increases.

Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it.... Absolute misery grows while wealth increases.

Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it.... Absolute misery grows while wealth increases.