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

Michał Kalecki: An Intellectual Biography

Michał Kalecki: An Intellectual Biography
Author: J. Toporowski
Publisher: Springer
Total Pages: 195
Release: 2013-07-29
Genre: Business & Economics
ISBN: 1137315393

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.

Distribution and Growth After Keynes

Distribution and Growth After Keynes
Author: Eckhard Hein
Publisher:
Total Pages: 0
Release: 2014
Genre: Distribution (Economic theory)
ISBN: 9781783477289

In the first part of the book, Eckhard Hein presents a comprehensive overview of the main approaches towards distribution and growth including the contributions of Harrod and Domar, old and new neoclassical theories including the fundamental capital controversy critique, the post-Keynesian contributions of Kaldor, Pasinetti, Thirlwall and Robinson, and finally the approaches by Kalecki and Steindl. In the second part of the book neo- and post-Kaleckian models are gradually developed, introducing saving from wages, international trade, technological progress, interest and credit. Issues of 'financialisation' are also explored and empirical results related to the different models are presented.

Foundations of Post-Keynesian Economic Analysis

Foundations of Post-Keynesian Economic Analysis
Author: Marc Lavoie
Publisher: Aldershoot, England : E. Elgar
Total Pages: 488
Release: 1992
Genre: Business & Economics
ISBN:

Argues that it is possible to construct a coherent alternative to neo-classical economics based on the contributions of post-Keynesian and neo-Ricardian economists. It identifies elements from various non-orthodox traditions that can be used to construct an alternative theoretical framework.

Wage-Led Growth

Wage-Led Growth
Author: Engelbert Stockhammer
Publisher: Springer
Total Pages: 329
Release: 2013-12-03
Genre: Business & Economics
ISBN: 1137357932

This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

Post-Keynesian Economics

Post-Keynesian Economics
Author: Lavoie, Marc
Publisher: Edward Elgar Publishing
Total Pages: 744
Release: 2022-05-13
Genre: Business & Economics
ISBN: 1839109629

This visionary Research Handbook presents the state of the art in research on policy design. By conceiving policy design both as a theoretical and a methodological framework, it provides scholars and practitioners with guidance on understanding policy problems and devising accurate solutions.

Secular Stagnation Theories

Secular Stagnation Theories
Author: Christina Anselmann
Publisher: Springer Nature
Total Pages: 336
Release: 2020-04-17
Genre: Business & Economics
ISBN: 3030410870

In light of weak economic performances and rising income disparities across the developed world during the past decades, this book provides a comprehensive overview of secular stagnation theories in the history of economic thought and examines the role of income distribution in various stagnation hypotheses. By offering a historical perspective, from the classical economists to the most recent stagnation debate of the early twenty-first century, the author shows that most stagnation theories were developed in periods of high and/or rising income disparities. Eventually, it was Josef Steindl, one of the least recognized stagnationists in the history of economic thought, who put the distribution of income at the heart of his stagnation theory. While Josef Steindl focused on the nexus between the functional distribution of income and economic growth, this book includes the personal distribution of income in a Kaleckian-Steindlian model of economic growth and stagnation. In the model presented, the nexus between economic growth and the distribution of income is a priori uncertain, depending on the type of economic shock and the specific economic circumstances. The author also discusses various empirically oriented policy implications aimed at fostering both economic growth and a more equal distribution of income. This book appeals to scholars in economics and the history of economic thought interested in economic growth, secular stagnation, and income distribution.

Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics

Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics
Author: Hassan Bougrine
Publisher: Edward Elgar Publishing
Total Pages: 361
Release: 2020-07-31
Genre: Business & Economics
ISBN: 1786439573

Hassan Bougrine, Louis-Philippe Rochon and the expert contributors to this book explore issues of economic growth and full employment; presenting a clear explanation to stagnation, recessions and crises, including the latest Global Financial Crisis of 2007-8. With a central focus on the role played by government spending, deficits and debt as well as the setting of interest rates, the chapters propose alternative policies that can be used by central banks and fiscal authorities to deal with problems of income inequality, unemployment and slow productivity.

Michał Kalecki: An Intellectual Biography

Michał Kalecki: An Intellectual Biography
Author: Jan Toporowski
Publisher: Springer
Total Pages: 294
Release: 2018-03-28
Genre: Business & Economics
ISBN: 3319696645

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.

The Economics of Demand-led Growth

The Economics of Demand-led Growth
Author: Mark Setterfield
Publisher: Edward Elgar Publishing
Total Pages: 328
Release: 2002
Genre: Business & Economics
ISBN:

Economists from Europe, North America, and Australia challenge the notions that demand has only a transitory impact on the utilization of resources; and that the development of resources, and hence of potential output, over time is independent of demand. They argue instead that the role of demand in influencing the utilization of productive resources is chronic, and that there is no supply- determined equilibrium acting as a center of gravity toward which the level of economic activity is inevitably and inexorably drawn. The natural rate of growth, they conclude, is ultimately endogenous to the demand-determined actual rate of growth. Annotation copyrighted by Book News, Inc., Portland, OR