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What Are the Questions? by Joan Robinson


What Are the Questions? And Other Essays: Further Contributions to Modern Economics by Joan Robinson, published in 1980, is a collection of essays that encapsulates the British economist’s critical reflections on economic theory, methodology, and policy, drawing from her extensive career as a leading figure in the Cambridge School of economics. The book is divided into three main sections—Analysis, Controversy, and Tributes—each addressing distinct aspects of economic thought while showcasing Robinson’s incisive critique of orthodox economics and her advocacy for a more historically grounded and socially aware approach to the discipline. In the titular essay, “What Are the Questions?,” originally published in the Journal of Economic Literature in 1977, Robinson challenges economists to focus on meaningful questions about the real-world implications of economic systems, such as the distribution of income, the nature of capital, and the dynamics of growth and stagnation, rather than being mired in abstract mathematical models or equilibrium-based theories that obscure practical realities. She critiques the neoclassical framework for its reliance on static assumptions and argues for a dynamic approach that considers historical time, uncertainty, and the social consequences of economic policies. Other essays, such as “The Age of Growth” and “Stagflation,” explore the challenges of economic development, the interplay of inflation and unemployment, and the limitations of Keynesian policies in addressing long-term structural issues. In “Accumulation and Exploitation,” Robinson engages with Marxist, Sraffian, and Kaleckian perspectives, emphasizing the role of power and class in economic processes. The Controversy section includes retrospective surveys of economic debates from the 1950s to the 1970s, where Robinson critiques the “disintegration” of economics as a discipline overly focused on formalism at the expense of addressing pressing societal issues like poverty and inequality. She also revisits her critiques of the neoclassical production function and the aggregation of capital, central to the Cambridge Capital Controversy. The Tributes section honors influential economists like Joseph Schumpeter, reflecting on their contributions to economic thought. Throughout, Robinson’s writing is marked by clarity, skepticism of dogmatic ideologies, and a commitment to questioning the moral and practical implications of economic systems, urging economists to prioritize human welfare over theoretical purity. Her work in this collection remains a powerful call for a more critical and inclusive economics, grounded in real-world complexities rather than idealized abstractions.

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