Book Reviews
Book Reviews
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DOI:
10.1080/095382500106849
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发表时间:
2000-01
影响因子:
1.5
通讯作者:
Debra Hawhee;S. McKinnon;A. Carlson
中科院分区:
文献类型:
--
作者:
Debra Hawhee;S. McKinnon;A. Carlson
Joan Robinson’ s work is characterized by continuity within variety: continuity in what concerns her critical attitude towards traditional theory, and variety in addressing her thought to several areas in economics. The six parts of this book provide an extensive overview of her work. Part I is concerned with Joan Robinson ’ s work in the Marshallian traditionÐ in particular her Economics of Imperfect Competition. It includes contributions by Maria Cristina Marcuzzo, Marco Dardi and NicoloÁ De Vecchi. Marcuzzo compares Kahn’ s fellowship dissertation on The Economics of the Short Period with Robinson ’ s Economics of Imperfect Competition. Both works share a common view about short-period analysis. Raised in the Marshallian tradition, Robinson considered it necessary to extend Keynes’ s short-period analysis to the long run. For her, however, the analysis of long-period equilibria, characterized by the full employment of productive capacity and the absence of uncertainty, was inappropriate for short-period problems. This may explain why she departed from Marshall, who encompassed both perspectives in a single theory. The subsequent evolution of Robinson’ s view has left her trapped between the shortand the long-period perspectives. According to Marco Dardi, neither Keynes’ s nor Marshall’ s visions of the relationship between the shortand long-period can be reconciled with the one usually provided in textbooks. Indeed they may provide important insights for the building of a dynamic theory in which the shortand the long-period are the two extremes of a complex continuum of economic processes. Robinson’ s attitude may be well explained by her lack of con® dence in the possibility of constructing such a theory. Schumpeter’ s review of The Economics of Imperfect Competition, as De Vecchi points out, was, in general, favorable. Nevertheless, according to Schumpeter, Robinson ’ s book, though analytically re® ned, fails to grasp the full complexity of Marshall’ s thought. Robinson herself later admitted the reductive and static character of her formulation. Part II deals with some policy implications that may be derived from Robinson ’ s economics. It includes contributions by Jan Kregel, Pierangelo Garegnani, Massimo Pivetti, Giangiacomo Nardozzi and Annamaria Simonazzi. Kregel discusses Robinson ’ s views concerning the development of PostKeynesian and post-neoclassical economics. Garegnani examines an article written by Robinson in 1936, in which she attempts to develop a long-period theory of aggregate output and employment. Garegnani places the article in the light of contemporary debates while pointing out ̄ aws in her argument. Both Pivetti and Nardozzi provide us with important re ̄ ections on Robinson ’ s concept of interest, and conclude that current economic policies can be identi® ed