Grid Lines

Marilyn Waring raised the alarm that women's unpaid labour is invisible in GDP. She pointed a challenge directly to the UN, and every bureaucracy around the world that used their system. And her book, Counting for Nothing, inspired a new generation to add a potent dose of unadulterated feminism to economics.

Joan Robinson was one of the most important contributors to economics in the 20th Century. She used theory and graphs, but she also used poetry to expound the great debates between capitalism and socialism over the 20th Century. This is part II of a two-part series on the life of Cambridge economist Joan Robinson.

In 1933, Joan Robinson popularised a word. That word was monopsony. It’s when you have only a single person or business that can buy something. This theory was outlined in Joan Robinson’s 1933 book, The Economics of Imperfect Competition.

The author of the Phillips Curve, Bill Phillips, is almost unknown in his home country. But he has a crazy story.