The Humbug Production Function

The transcript discusses the speaker's early work on the humbug production function, influenced by Joan Robinson. It details the challenges faced in inviting Robinson to speak at Columbia University and the subsequent departmental resistance. The speaker's seminar paper, inspired by Robinson, faced publication challenges and suppression, highlighting the contentious nature of the work within the academic community.

What was the initial reaction of the department when the speaker invited Joan Robinson to give a talk?

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How did the speaker feel about the department's decision to deny Joan Robinson's invitation?

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What was the outcome of the speaker's first seminar paper?

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What was the significance of the production function as discussed by the speaker?

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Can you explain the concept of the production function as an accounting identity mentioned in the text?

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