chapter  Ten
19 Pages

The Meaning of Capital: Robinson versus Solow and Samuelson

The debate of the two Cambridges between 1954 and 1983 illustrates most pointedly the differences between Joan Robinson and American Keynesians Robert M. Solow and Paul A. Samuelson. The correspondence which has survived reveals the beliefs and personalities of these three leading figures of mid-century economic thought. Through the debate, letter exchanges, and professional meetings, the three became well acquainted. They also became entrenched in their own philosophical positions.