An Essay on Marxian Economics by Joan Robinson

An Essay on Marxian Economics Reviews

• 
  Tiarnán

  Some sections were too technical for me to understand - you need a decent grounding in orthodox and non-orthodox mid-20th century academic economics to really get the maximum out of this book. Her short summaries of a number of key Marxian concepts (from all three volumes of Capital, which in itself is unusual and impressive) in the early chapters are lucid and insightful, even if she disagrees fundamentally with Marx on several core issues (like the LTV, falling profit rate), and defaults to a Kaleckian-Keynesian underconsumptionist position of certainty that seems less strong in the wake of the stagflation crises of the 70s that killed a number of orthodox Keynesian assumptions about inflation, macro-economics, the role of wages and profits, employment, etc. The simultaneous critique of orthodox Marshallian/marginalist economics she outlines is a bit too technical for me but seems spot on from the gist of it I could grasp.
  
  An intelligent and sharp (at times overly-sharp) and concise writer, like all Cambridge trained thinkers. One smart cookie.
• 
  Roberto Yoed

  Robinson negates the law of centralization and accumulation of capital as well as the tendency of falling rate of profit...
  
  In what world did she lived?
• 
  Clem

  I think I ought not say what I think about post-Keynesians here.