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Joan Robinson Quotes: A depression is a situation of self-fulfilling pessimism.
         

A depression is a situation of self-fulfilling pessimism.


Joan Robinson
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Other quotes of Joan Robinson


The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.

The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.



The only thing worse than being exploited by capitalism is not being exploited by capitalism.

The only thing worse than being exploited by capitalism is not being exploited by capitalism.



Ideology is like breath: you never smell your own.

Ideology is like breath: you never smell your own.



The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money are the only ones that ought to count.

The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money are the only ones that ought to count.



The point of studying economics is so as not to be fooled by economists.

The point of studying economics is so as not to be fooled by economists.



Whatever you can rightly say about India, the opposite is also true.

Whatever you can rightly say about India, the opposite is also true.



Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat in full view of the audience.

Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat in full view of the audience.



The nature of technology depends very much upon what the public can be induced to put up with.

The nature of technology depends very much upon what the public can be induced to put up with.



Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.

Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.



science progresses by trial and error, and when it is forbidden to admit error there can be no progress.

science progresses by trial and error, and when it is forbidden to admit error there can be no progress.





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You are a human being and it is difficult for you to deliver yourself

You are a human being and it is difficult for you to deliver yourself



Faith is the soul riding at anchor.

Faith is the soul riding at anchor.



Words are such uncertain things, they so often sound well but mean the opposite of what one thinks they do.

Words are such uncertain things, they so often sound well but mean the opposite of what one thinks they do.



So go on, get angry. But keep your mouth shut and go do your work.

So go on, get angry. But keep your mouth shut and go do your work.



Astronauts are not superhuman. They lead ordinary lives and have varied personalities.

Astronauts are not superhuman. They lead ordinary lives and have varied personalities.



Infiniti ads are part of an exciting new trend called "Advertising Whose Sole Purpose Is to Irritate You."

Infiniti ads are part of an exciting new trend called "Advertising Whose Sole Purpose Is to Irritate You."



Any government that supports, protects or harbours terrorists is complicit in the murder of the innocent and equally guilty of terrorist crimes.

Any government that supports, protects or harbours terrorists is complicit in the murder of the innocent and equally guilty of terrorist crimes.



To know oneself means, among other things, to know oneself qua non-sage: that is, not as a sophos, but as a philo-sophos, someone on the way toward wisdom.

To know oneself means, among other things, to know oneself qua non-sage: that is, not as a sophos, but as a philo-sophos, someone on the way toward wisdom.



All theoretical chemistry is really physics; and all theoretical chemists know it.

All theoretical chemistry is really physics; and all theoretical chemists know it.



It's a sure sign of summer if the chair gets up when you do.

It's a sure sign of summer if the chair gets up when you do.




Quote Description


This page presents the quote "A depression is a situation of self-fulfilling pessimism.". Author of this quote is Joan Robinson. This quote is about economics, situation, fulfilling, depression, self, pessimism,.