Arthamimansa – Research Journal

Book Review: Economic Philosophy by Joan Robinson

Arthamimansa
Research Journal
Publication Type Journal Article
Publication Year 2023
Author(s) Dhiraj Kadam
Journal Name Arthamimansa Research Journal
Volume, Issue 15 , 2
Article Type Research Paper
Keywords: Economic Philosophy, Joan Robinson, Classical Economics, Neoclassical Economics, Economic Theory

Abstract

This book review examines Joan Robinson's critique of classical and neoclassical economic thought. It discusses her treatment of value, utility, laissez-faire, free trade, capital, time and economic theory, highlighting the distinction between economics as a science and economics as an ideological framework. The review considers the continuing relevance of Robinson's arguments in the context of contemporary economic inequality and economic theory.