Theory of Economic Dynamics: An Essay on Cyclical and Long-run Changes in Capitalist Economy - Couverture souple

Kalecki, Michal

Couverture souple

ISBN 10 : 0853450811 ISBN 13 : 9780853450818

Editeur : Monthly Review Press,U.S., 2011

Synopsis

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.

A propos du livre

Présentation de l'éditeur

Kalecki is widely regarded as one of the leading theorists in the Post-Keynesian tradition and Theory of Economic Dynamics is one of his most influential works.

Détails de l'édition

• Éditeur: Monthly Review Press,U.S.
• Date d'édition: 2011
• Langue: anglais
• ISBN 10: 0853450811
• ISBN 13: 9780853450818
• Reliure: Broché
• Nombre de pages: 180
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible