Joan Robinson

Joan Robinson was a famous Economist who was well known for her knowledge of Monetary Economics as well as other aspects of economics. It was peculiar for her to study more than one aspect of Economics because economists usually tend to choose one instead. Her development of economics should have awarded her with the Economics Nobel Award, but because she was a woman as well as a Heterodox Economist she therefore did not receive the award. In 1937, she became a full lecturer in Economics. She joined the British Academy in 1958 and was then elected the fellow of Newnham College in 1962. In 1979, four years before she died; she was referred to be an excellent Economist and was given the position of full professor.

Joan Robinson's career started when she focused on writing her Neoclassical Theory to assist the Neoclassical General Equilibrium Theory. After she had finished with this topic, she moved on learning about Keynes' General Theory then to Karl Marx. In 1949, she was invited from the Ragnar Frisch to become the Vice - President of the Econometric Society but declined because she couldn't be part of the editorial committee of a journal that she can't read.

During the Second World War, Joan Robinson worked for a few different Committees for the Wartime Labour Government. In this time, she visited Soviet Union as well as China. She then developed an interest for underdeveloped and developing countries and contributed a lot for this section of Economics. At that time, she praised the Chinese Cultural Revolution even if many people believe that it was very negative.

In 1956, Joan Robinson published her Magnum Opus "The Accumulation of Capital?. Though even today it is almost 50 years old many people are still learning about the finance, money and credit from this book more than any other. 6 years later, she published another book about the Growth Theory, which talked about concepts of "Golden Age" growth paths. Afterwards, she worked together with another Economist called Nicholas Kaldor and developed the Cambridge Growth Theory together. Close to the end of her life she studied and concentrated on more Methological problems in Economics and tried to recover the original message of Keynes' General Theory. Between the 60's and 80's she wrote many books in attempt to bring several more Economic theories into the society.