ABSTRACT
Joan Robinson spent part of her academic life attempting to establish a conceptual reference framework that would blend together a theory of growth and a theory of income distribution. It would probably be more exact to say that the attempt was mainly concerned with how to establish a framework for analysing the conditions of income distribution consistent with indefinitely sustainable (exogenous) growth. In fact, Joan Robinson never tackled the construction of a theory of growth in the strict sense of the term and argued forcibly that only conditions of equilibrium growth could be treated analytically, because otherwise it was impossible to know what unrealized expectations were embedded in the economy, what the historical conditions had been at the start and what type of reaction the gap between expectations and actual results would generate.
