Theory of Economic Dynamics - Michal Kalecki - Bücher - Monthly Review Press,U.S. - 9780853450818 - 21. März 2011
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Theory of Economic Dynamics

Michal Kalecki

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Theory of Economic Dynamics

In his Essays in the Theory of Business Cycle published in Polish in 1933, Kalecki clearly stated the principle of effective demand in mathematical form. By 1935 he outlined his theory of employment, demolished the then-orthodox remedy for a depression-that is, wage cutting-and pinpointed the importance of investment for economic dynamics. Thus, although his training had been in Marxist economics, he succeeded in anticipating the Keynesian system, and, as Joan Robinson has pointed out, his claim to priority of publication is indisputable although he never mentioned this fact.


180 pages

Medien Bücher     Taschenbuch   (Buch mit Softcover und geklebtem Rücken)
Erscheinungsdatum 21. März 2011
ISBN13 9780853450818
Verlag Monthly Review Press,U.S.
Seitenanzahl 180
Maße 139 × 214 × 15 mm   ·   240 g
Sprache Englisch  

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