The Accumulation of Capital

Originally published in 1956, The Accumulation of Capital provides a dynamic approach to the question of what determines growth and capital accumulation in the long run. Covering topics relating to finance, money and credit this work is prescient in the concerns it addresses.

The Accumulation of Capital is as relevant today as when it was first published. A true classic, it demonstrates Robinson's innovative approach to economics and her ability to embrace and extend the ideas of Marx, Keynes and Kalecki.

This re-issued classic contains a new introduction by Professor Geoff Harcourt and Prue Kerr who explore the influences of Keynes, Marx and Kaleki on this great work and examine the relevance of the growth model.


Author: J. Robinson
Publisher: Palgrave MacMillan
Published: 11/29/2013
Pages: 484
Binding Type: Paperback
Weight: 1.35lbs
Size: 8.30h x 5.40w x 1.50d
ISBN: 9780230249325

About the Author
Joan Violet Robinson (1903 -1983) was an inspirational post-Keynesian economist who was well known for her work on monetary economics, imperfect competition and for fundamental contributions to many other areas of economics. Initially a supporter of the neoclassical school of economics, she became one its fiercest opponents after becoming acquainted with John Maynard Keynes. Joan Robinson was appointed lecturer in economics at the University of Cambridge, UK, in 1937, elected fellow of Newnham College in 1962 and assumed the position of full professor and fellow of Girton College in 1979. She was the first female fellow of Kings College. Joan Robinson's magnus opus The Accumulation of Capital was first published in 1956 and sought to extend Keynes's theory to the long-run issues of growth and capital accumulation.