Joan Robinson - Rate Quotes

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It is the rate of investment which governs the rate of saving, and not vice versa.

Joan Robinson

If knowledge develops as capital accumulates, there need be no tendency to diminishing returns, and with constant returns there can be no tendency for the rate of profit to fall (always assuming that the problem of effective demand as ruled out).

Joan Robinson

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 Robinson