The hidden power keeping wages low
Briefly

The hidden power keeping wages low
"Joan Robinson's first book, The Economics of Imperfect Competition, aimed to demolish an important pillar of old-school economics and replace it with something new, challenging the focus on perfect competition."
"Robinson's work emerged during a time when women faced significant barriers in economics, and her contributions would help pave the way for future generations of female economists."
In the early 1930s, Joan Robinson, an aspiring economist, met with B.L. Hallward over tea. At that time, she was not yet a professor and faced challenges in a male-dominated field. Robinson was writing her first book, The Economics of Imperfect Competition, which aimed to challenge the established notion of perfect competition in economics. This work would later establish her as a significant figure in economic thought and contribute to the Keynesian revolution.
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