Collected Works of Michal Kalecki: Volume IV: Socialism: Economic Growth and Efficiency of Investment

Collected Works of Michal Kalecki: Volume IV: Socialism: Economic Growth and Efficiency of Investment
Author: Michal Kalecki
Publisher: Oxford University Press
Total Pages: 398
Release: 1993-05-06
Genre: Business & Economics
ISBN: 9780198286660

The fourth of seven volumes comprising the definitive scholarly edition of the works of Michal Kalecki, one of the most distinguished of 20th-century economists. This volume contains Kalecki's studies on the functioning of the socialist economy and on long-run planning.

An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics

An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics
Author: John E. King
Publisher: Springer Science & Business Media
Total Pages: 232
Release: 2012-12-06
Genre: Business & Economics
ISBN: 9400918100

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.

Macroeconomics after Kalecki and Keynes

Macroeconomics after Kalecki and Keynes
Author: Eckhard Hein
Publisher: Edward Elgar Publishing
Total Pages: 383
Release: 2023-01-17
Genre: Business & Economics
ISBN: 1803927283

Presenting an in-depth overview of the foundations and developments of post-Keynesian macroeconomics since Kalecki and Keynes, this timely book develops a comprehensive post-Keynesian macroeconomic model with the respective macroeconomic policy mix for achieving non-inflationary full employment. Linking the short-run model to long-run distribution and growth theories, the theoretical approach is also applied to current research on macroeconomic regimes in finance-dominated capitalism and on the macroeconomic challenges of the socio-ecological transformation.

Lectures in Macroeconomics

Lectures in Macroeconomics
Author: Kazimierz Łaski
Publisher: Oxford University Press
Total Pages: 205
Release: 2019-07-04
Genre: Business & Economics
ISBN: 0192579401

Lectures in Macroeconomics: A Capitalist Economy Without Unemployment provides a systematic account of the principle of aggregate demand based on the work of Polish economist Michał Kalecki, best known as one of the originators of the Keynesian Revolution in macroeconomics.The lectures demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to the unstable nature of investment it is important that the government has a central role in stabilizing the economy. This English translation of Kazimierz Łaski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy, and the obstacles that must be overcome in bringing it to full employment. It introduces the role of money and finance in the contemporary capitalist economy, as well as the central role of the labour market and wages. The analysis is illustrated with statistics and discussion around the evolution of capitalist economies and the rise of economic inequality since the Second World War, culminating in the 2008 crisis and the economic deflation affecting Europe since that crisis. Lectures in Macroeconomics remarks critically upon the neo-classical approach to economics that has brought about slow economic growth, unemployment, and inequality.

Collected Works of Michal Kalecki: Volume I. Capitalism: Business Cycles and Full Employment

Collected Works of Michal Kalecki: Volume I. Capitalism: Business Cycles and Full Employment
Author: Michal Kalecki
Publisher: Oxford University Press
Total Pages: 642
Release: 1990-10-04
Genre: Business & Economics
ISBN: 9780198285380

This is the first of seven volumes in a definitive edition of the works of Michal Kalecki, who is one of the most distinguished economists of this century. The works will be of interest for the controversial light which they shed on the ideas expounded by John Maynard Keynes, since Kalecki arguably arrived at these conclusions even earlier than Keynes. This volume documents the confrontation between the two economists. It also charts Kalecki's development of a theory of full employment, including his early theoretical writings, and some of his less famous works.

Classical Economics, Keynes and Money

Classical Economics, Keynes and Money
Author: John Eatwell
Publisher: Taylor & Francis
Total Pages: 348
Release: 2022-07-29
Genre: Business & Economics
ISBN: 1000605914

Classical Economics, Keynes and Money casts new light on an approach to economic theory and policy that combines the modern classical theory of prices and income distribution with a Keynesian analysis of money and finance. Structured in four parts, the work considers issues within classical economics, monetary economics, Keynesian and post-Keynesian Economics, rationality and economic methodology. These themes are all central to the work of Carlo Panico, and the chapters both reflect on and build on his key contributions to the field. This collection is of interest to advanced students and researchers in the history of economic thought, monetary theory, financial economics and heterodox economics.

The Palgrave Handbook of Comparative Economics

The Palgrave Handbook of Comparative Economics
Author: Elodie Douarin
Publisher: Springer Nature
Total Pages: 982
Release: 2021-02-13
Genre: Political Science
ISBN: 3030508889

This book aims to define comparative economics and to illustrate the breadth and depth of its contribution. It starts with an historiography of the field, arguing for a continued legacy of comparative economic systems, which compared socialism and capitalism, a field which some argued should have been replaced by institutional economics after the fall of the Berlin Wall. The process of transition to market capitalism is reviewed, and itself exemplifies a new combination of comparative analysis with a focus on institutional development. Going beyond, chapters broadening the application of comparative analysis and applying it to new issues and approaches, including the role and definition of institutions, subjective wellbeing, inequality, populism, demography, and novel methodologies. Overall, comparative economics has evolved in the past 30 years, and remains a powerful approach for analyzing important issues.

Rosa Luxemburg and the Critique of Political Economy

Rosa Luxemburg and the Critique of Political Economy
Author: Riccardo Bellofiore
Publisher: Routledge
Total Pages: 216
Release: 2009-05-27
Genre: Biography & Autobiography
ISBN: 1134135076

Bringing together contributors from outside the Marxian tradition as well as from within, including Paul Zarembka, Jan Toporowski and Paul Mattick Jr., this book analyzes the important contributions made by Rosa Luxemburg to economic theory.

Kalecki's Economics Today

Kalecki's Economics Today
Author: Zdzislaw Sadowski
Publisher: Routledge
Total Pages: 266
Release: 2003-11-27
Genre: Business & Economics
ISBN: 1134422288

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.

Kalecki's Economics Today

Kalecki's Economics Today
Author: Zdzislaw Sadowski
Publisher: Routledge
Total Pages: 296
Release: 2003-11-27
Genre: Business & Economics
ISBN: 113442227X

Michael Kalecki was a Polish economist who independently discovered many of the key concepts of what is now identified as Keynesian theory. His contribution to macroeconomics was late in being acknowledged, but his work can be seen to have resounding influence on some of today's economic problems. The analyses presented in this book serve to scruti