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Joan Robinson Quotes: If a rise in wages does not raise prices, a fall will not reduce them.
         

If a rise in wages does not raise prices, a fall will not reduce them.


Joan Robinson
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Other quotes of Joan Robinson


The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.

The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.



The only thing worse than being exploited by capitalism is not being exploited by capitalism.

The only thing worse than being exploited by capitalism is not being exploited by capitalism.



Ideology is like breath: you never smell your own.

Ideology is like breath: you never smell your own.



The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money are the only ones that ought to count.

The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money are the only ones that ought to count.



The point of studying economics is so as not to be fooled by economists.

The point of studying economics is so as not to be fooled by economists.



Whatever you can rightly say about India, the opposite is also true.

Whatever you can rightly say about India, the opposite is also true.



Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat in full view of the audience.

Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat in full view of the audience.



The nature of technology depends very much upon what the public can be induced to put up with.

The nature of technology depends very much upon what the public can be induced to put up with.



Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.

Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.



science progresses by trial and error, and when it is forbidden to admit error there can be no progress.

science progresses by trial and error, and when it is forbidden to admit error there can be no progress.





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Oooo wee! You see that chump go flying? Look’eah, nothing like charred demon to make a brotha feel right. - Calvin Freeman (Sineaters‬:Devotion Book One)

Oooo wee! You see that chump go flying? Look’eah, nothing like charred demon to make a brotha feel right. - Calvin Freeman (Sineaters‬:Devotion Book One)



The greatest sign of success for a teacher... is to be able to say, 'The children are now working as if I did not exist.'

The greatest sign of success for a teacher... is to be able to say, 'The children are now working as if I did not exist.'



Dublin is one of my favourite cities. It's an absolutely amazing place.

Dublin is one of my favourite cities. It's an absolutely amazing place.



I know not what treason is, if sapping and betraying the liberties of a people be not treason.

I know not what treason is, if sapping and betraying the liberties of a people be not treason.



If Donald Trump wants to fire somebody for not getting Obamacare repealed, he should fire himself.

If Donald Trump wants to fire somebody for not getting Obamacare repealed, he should fire himself.



It was an unwritten law that black comics were not permitted to work white nightclubs. You could sing and you could dance, but you couldn't stand flat-footed and talk; that was a no-no.

It was an unwritten law that black comics were not permitted to work white nightclubs. You could sing and you could dance, but you couldn't stand flat-footed and talk; that was a no-no.



I have always lived the way I wanted regardless of whether or not it was popular.

I have always lived the way I wanted regardless of whether or not it was popular.



Comedy can be a cathartic way to deal with personal trauma.

Comedy can be a cathartic way to deal with personal trauma.



I think most serious photographers understand that there's this large gap between the world and how the world looks through a photograph.

I think most serious photographers understand that there's this large gap between the world and how the world looks through a photograph.



Mary Quant is my favourite fashion designer.

Mary Quant is my favourite fashion designer.




Quote Description


This page presents the quote "If a rise in wages does not raise prices, a fall will not reduce them.". Author of this quote is Joan Robinson. This quote is about doe, fall, wages,.