Lionel Robbins: Methodology, Policy and Modern Theory

  • Maurice Peston


Lionel Robbins was born in 1898. He served in the First World War and, perhaps as a result of that experience, developed, like so many others of his generation, a desire to change society. He enrolled as a student at LSE, specialising in political ideas and having Harold Laski as his tutor. He learned his economics from Edwin Cannan and Hugh Dalton. He then worked as Beveridge’s research assistant for a year, spent some time as a fellow and lecturer at New College, Oxford, and then returned in 1929 to take the chair of economics at LSE. He held that chair until 1961 when his formal retirement began. It is necessary to underline the word ‘formal’ because even in the academic year 1979/80 he continues to lecture.


Monetary Policy Wage Rate Money Supply Trade Credit Full Employment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Keynes, J. M., 1936 The General Theory of Employment, Interest and Money(Macmillan).Google Scholar
  2. Laidler, D., 1976 ‘Inflation in Britain: a Monetarist Perspective’, American Economic Review.Google Scholar
  3. Robbins L., 1930 ‘On the Elasticity of Demand for Income in Terms of Effort’, Economica.Google Scholar
  4. Robbins L., 1932 An Essay on the Nature and Significance of Economic Science(Macmillan).Google Scholar
  5. Robbins L., 1934 The Great Depression (Macmillan).Google Scholar
  6. Robbins L., 1947 The Economic Problem in Peace and War (Macmillan).Google Scholar
  7. Robbins L., 1952 The Theory of Economic Policy in English Classical Political Economy (Macmillan).Google Scholar
  8. Robbins L., 1959 ‘The Present Position of Economics’, Rivista di Politica Economica.Google Scholar
  9. Robbins L., 1963 ‘Monetary Theory and the Radcliffe Report’ reprinted in Politics and Economics; Papers in Political Economy (Macmillan).Google Scholar
  10. Robbins L., 1971 Autobiography of an Economist (Macmillan).CrossRefGoogle Scholar
  11. Robbins L., 1979 Against Inflation (Macmillan).CrossRefGoogle Scholar

Copyright information

© Maurice Peston 1981

Authors and Affiliations

  • Maurice Peston

There are no affiliations available

Personalised recommendations