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Fri Mar 31 17:19:00 2006 |
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================= HES POSTING =================
Robin,
I think that you are offbase here, although this is a pretty murky
business. I have just taken a look at my copy of Joan Robinson's _The
Economics of Imperfect Competition_. As I suspected, Marx does not
appear in the Index. Is this an awful failure to cite?
I would note that Joan Robinson was not originally either a socialist or
a Marxist, and she was always critical of Marx's theory of value and
never accepted it in its straight Marxian form. In contrast to the usual
orbit of personal political development, Joan Robinson moved left
politically as she aged and did become a supporter of socialism and
eventually an almost embarrassing apologist for the Maoist and Kim Il
Sung regimes in China and North Korea respectively. But that later
development had little to do with her 1933 views on monopolistic
competition. Thus, I believe that your criticism of Ekeland and Tollison
is quite misguided.
As a curious aside, I note that the first time I ever attended an AEA
meeting was in December, 1973 in New York. This was only a few years
after the Economics Nobel Prize was established. I was riding in an
elevator in the Hilton and overheard a conversation between Lionel
McKenzie and someone else. McKenzie declared that the Nobel Prize
Committee would "in the near future give Mrs. Robinson the Prize for her
_Economics of Imperfect Competition_." He then went on to sneeringly
remark that this would annoy her as her views had changed so much since
the early 1930s.
Barkley Rosser
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