Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/105737
Authors: 
Skott, Peter
Year of Publication: 
2004
Series/Report no.: 
Working Paper, University of Massachusetts, Department of Economics 2004-09
Abstract: 
This paper considers some methodological aspects of Joan Robinson's contribution to post-Keynesian growth theory. Joan Robinson's criticisms of equilibrium analysis, of the conflation of logical and historical time and of the uses (and misuses) of mathematical formalisation are scathing. But while many of her points are well taken, parts of her argument appear questionable. As a result, her methodological critique of equilibrium economics may be misleading. Moreover, she failed to appreciate the potential gains from mathematical formalisation. The further development of a Robinsonian analysis of economic growth calls for a reconsideration of these aspects of her legacy.
Subjects: 
Joan Robinson
equilibrium
stability
historical time
JEL: 
B31
B41
O41
Document Type: 
Working Paper

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