Kalecki And Kaleckian Economics

Author : John E. King
Publisher : Springer Science & Business Media
Page : 232 pages
File Size : 51,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400918108

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An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics by John E. King Pdf

lE. King Michael Kalecki (1899-1970) was one of the most important, and also one of the most underrated, economists of the twentieth century. In the 1930s he made a series of fundamental contributions to macroeconomic theory which anticipated, complemented and in some ways surpassed those of Keynes. Almost entirely self-educated in economics, and influenced rul much by Marxism as by mainstream theory, Kalecki very largely escaped the fatal embrace of pre-Keynesian orthodoxy, which blunted the thrust of the General Theory. Many Post Keynesians, in particular, have found in his work the elements of a convincing alternative to what Joan Robinson -Kalecki's greatest advocate in the English-speaking world - was scathingly to describe as 'bastard Keynesianism' . But Kalecki was never interested in theory for its own sake. He approached economics from a practical perspective, wrote extensively on applied and policy questions, and in the [mal decades of his life turned his attention increasingly to problems of economic development and the management of state socialist economies.

Author : Louis-Philippe Rochon,Marcin Czachor,Gracjan Robert Bachurewicz
Publisher : Routledge
Page : 193 pages
File Size : 55,7 Mb
Release : 2021-11-29
Category : Business & Economics
ISBN : 9781000487091

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Kalecki and Kaleckian Economics by Louis-Philippe Rochon,Marcin Czachor,Gracjan Robert Bachurewicz Pdf

This book helps in pushing forward a Kaleckian research agenda that is even more urgent given the 2007-2009 financial crisis and the current post-COVID recovery. Michał Kalecki was a leading heterodox economist, whose influence in the field perhaps even surpasses that of Keynes. Kalecki’s insights are even more relevant today, and scholars are encouraged to apply his conclusions to ensure the sustainability of our economic systems. This edited volume, honouring the work of Michał Kalecki, includes chapters contributed by celebrated Kaleckian economists. In honour of the 50th anniversary of his demise, the Review of Political Economy (ROPE) and Edward Lipiński Foundation hosted a conference in September 2020 to celebrate his contribution to heterodox economics and his lasting legacy. These chapters, honouring the work of Michał Kalecki, span a panoply of topics and include a personal note from one of his former students and friend, and cover topics such as Kalecki’s relationship with the Cantabrigians, labour economics, fiscal policy, income distribution, gender, finance, debt, and democracy. The chapters in this book were originally published as a special issue of the journal Review of Political Economy.

Author : Zdzislaw Sadowski,Adam Szeworski
Publisher : Routledge
Page : 266 pages
File Size : 48,8 Mb
Release : 2003-11-27
Category : Business & Economics
ISBN : 9781134422289

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Kalecki's Economics Today by Zdzislaw Sadowski,Adam Szeworski Pdf

Michael Kalecki is thought by many to be the true standard bearer of theories of mixed economy, and it can be argued that John Maynard Keynes stole his crown undeservedly. Kaleckian ideas are becoming more and more influential.

Author : Louis-Philippe Rochon,Marcin Czachor,Gracjan Robert Bachurewicz
Publisher : Unknown
Page : 128 pages
File Size : 47,9 Mb
Release : 2022
Category : Kaleckian Model of Growth and Distribution
ISBN : 1032135743

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Kalecki and Kaleckian Economics by Louis-Philippe Rochon,Marcin Czachor,Gracjan Robert Bachurewicz Pdf

Author : Mario Sebastiani
Publisher : Springer
Page : 374 pages
File Size : 44,7 Mb
Release : 2016-01-14
Category : Business & Economics
ISBN : 9781349103768

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Kalecki's Relevance Today by Mario Sebastiani Pdf

These essays are taken from a conference on the thoughts of Michail Kalecki, held at Perugia, Italy in April 1986. The purpose of the conference was to evaluate the relevance of his theory in relation to current economic debate and to examine its influence on contemporary thought.

Author : Tracy Mott
Publisher : Routledge
Page : 204 pages
File Size : 43,9 Mb
Release : 2009-09-10
Category : Business & Economics
ISBN : 9781134894772

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Kalecki's Principle of Increasing Risk and Keynesian Economics by Tracy Mott Pdf

Kalecki was one of an important generation of Cambridge economists. Here, Tracy Mott's impressive book examines the relationship of Kalecki's economics to different economic areas and its relationship to major alternative schools, such as Keynes and Marx. Mott looks at Kalecki's 'principle of increasing risk' and how it gives the way in which the reproduction and expansion of wealth can bring a coherent unity to economic analysis. In so doing, it makes sense out of the fundamental conclusions of Keynesian economics on the underemployment of labour and capital.

Author : Malcolm C. Sawyer
Publisher : Routledge
Page : 204 pages
File Size : 41,8 Mb
Release : 2019-07-12
Category : Business & Economics
ISBN : 9781315496245

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Macroeconomics in Question by Malcolm C. Sawyer Pdf

Originally published in 1982, this book has two central purposes. The first is to present a rather more critical view of the Keynesian and monetarist approaches to macro-economics than is usually found in major macro-economics text-books. The second is to present an alternative approach to macro-economics, derived in the main from the work of Michal Kalecki. It will become apparent below that the major difference between the conventional approaches to macro-economics and the Kaleckian one arises from a basic difference over the nature of a modern capitalist economy. The conventional approaches rest on a perfectly competitive view of the world whilst the Kalecki approach draws on an oligopolistic view. The book has been written to be accessible to undergraduate students of economics who have taken a basic second-year degree level course in macro-economics (as represented by text-books such as Branson, 1979; Gordon, 1981). Particularly in Chapters 2-4 a knowledge of conventional macro-economics is required. References are provided in the text and in footnotes for those wishing to pursue particular topics further. The book also contains much of interest for professional economists.

Author : M. Sebastiani
Publisher : Springer
Page : 216 pages
File Size : 48,9 Mb
Release : 1994-02-22
Category : Business & Economics
ISBN : 9780230373723

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Kalecki and Unemployment Equilibrium by M. Sebastiani Pdf

Kalecki's opus has been acknowledged chiefly as a contribution to the theory of distribution and the business cycle. Little attention has been given to the theory of effective demand and to unemployment equilibrium, i.e. to the field traditionally covered by Keynesian economics. This book is an attempt to draw attention to the most innovative core of Kalecki's thought on capitalist economies, which is also strictly interrelated to the history of economic thought. Accordingly, it focuses on the relationships with other theoretical approaches, to methodology and the theory of effective demand and investment, to the theory of distribution and prices, and to the theory of money.

Author : J. Toporowski,L. Mamica
Publisher : Springer
Page : 432 pages
File Size : 49,7 Mb
Release : 2014-12-18
Category : Political Science
ISBN : 9781137428288

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Michał Kalecki in the 21st Century by J. Toporowski,L. Mamica Pdf

Leading experts on Kalecki have contributed special essays on what economists in the 21st century have to learn from the theories of Kalecki. Authors include surviving students of Kalecki, such as Amit Bhaduri, Mario Nuti, Kazimierz Laski Jerzy Osiatynski, and Post-Keynesian economists such as Geoff Harcourt, Marc Lavoie, and Malcolm Sawyer.

Author : J. Toporowski
Publisher : Springer
Page : 184 pages
File Size : 51,8 Mb
Release : 2013-07-29
Category : Business & Economics
ISBN : 9781137315397

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Michał Kalecki: An Intellectual Biography by J. Toporowski Pdf

This volume of intellectual biography takes the Polish economist Micha Kalecki (1899-1970) from the shattering of his prosperous childhood, in Tsarist Łódź in the 1905 Revolution, to Cambridge and the failure of his co-operative research with John Maynard Keynes's supporters in Cambridge.

Author : Jan Toporowski
Publisher : Springer
Page : 289 pages
File Size : 49,6 Mb
Release : 2018-03-28
Category : Business & Economics
ISBN : 9783319696645

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Michał Kalecki: An Intellectual Biography by Jan Toporowski Pdf

This volume of intellectual biography records the work of Michał Kalecki’s maturity: his work on monetary economics and the theory of profits; his work on the problems of socialism and developing countries; and the extension of his theory of capitalism to define his work in relation to Keynes and previous political economic principles. Kalecki had, by 1939, laid out the essential elements of his theory of the business cycle in capitalism. This book begins at Oxford where, at the Institute of Statistics, he worked on the economic planning and financing of World War Two, as well as extending and detailing the particulars of his theory and examining the conditions for full employment in the post-War international monetary and financial system. Kalecki would then work for the United Nations on full employment, inflation, and developing countries. He departed from the United Nations in 1955, and returned to Poland to extend two new directions of his ideas – on the economics of developing countries and his theory of growth in the socialist economy, alongside further work on business cycles. This book is essential reading for all those who want to understand Kalecki’s lasting contribution to economic theory and policy.

Author : Zdzisław Sadowski
Publisher : Unknown
Page : 254 pages
File Size : 55,9 Mb
Release : 2004
Category : Economists
ISBN : 0203572599

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Kalecki's Economics Today by Zdzisław Sadowski Pdf

Michael Kalecki is thought by many to be the true standard bearer of theories of mixed economy, and it can be argued that John Maynard Keynes stole his crown undeservedly. Kaleckian ideas are becoming more and more influential.

Author : Nobantu L. Mbeki
Publisher : Taylor & Francis
Page : 427 pages
File Size : 49,9 Mb
Release : 2023-04-07
Category : Business & Economics
ISBN : 9781000875638

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Post-Keynesian Theories of the Firm by Nobantu L. Mbeki Pdf

Within Post-Keynesian economics there is a spectrum of approaches to theories of the firm but what they have in common, to their great benefit, is a proper integration of the concept of radical uncertainty: data that cannot be known. This book revisits Kalecki’s theory of the firm is located to show that it constitutes fertile theoretical ground on which to systematically understand the resultant indeterminacy when firms operate under conditions of radical uncertainty. The author proposes a way of generalising radical uncertainty by integrating some of the separate approaches within Post-Keynesian economics centred around Kalecki’s work. Through this, it is shown that radical uncertainty does more than just change the ultimate motivation of firms (dropping short run profit maximisation; more complex motivation; interconnectivity with the environment), it is central to the emergence, existence and motivation of firms, and critically also firm strategy. It is argued that firms do not simply respond to uncertainty: it is the systematic cause of their intentional behaviour. Through developing these arguments, the book also contributes to the methodology of Kalecki and Shackle, as well as Kaleckian price theory. This book will be important reading for anyone interested in theories of the firm, Post-Keynesian economics and heterodox approaches to economics more broadly.

Author : Malcolm C. Sawyer
Publisher : Unknown
Page : 344 pages
File Size : 55,6 Mb
Release : 1985
Category : Business & Economics
ISBN : UCAL:B4149577

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The Economics of Michał Kalecki by Malcolm C. Sawyer Pdf

Author : Julio López G
Publisher : Springer
Page : 269 pages
File Size : 41,7 Mb
Release : 2010-03-31
Category : Business & Economics
ISBN : 9780230293953

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Michal Kalecki by Julio López G Pdf

This book presents a thorough evaluation of Michal Kalecki's theory of the capitalist economy. It provides readers with a complete view of Kalecki's theory, including his very important writings on the economics of underdeveloped countries.