================= 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 
 
============ FOOTER TO HES POSTING ============ 
For information, send the message "info HES" to [log in to unmask]