KALECKIS PRINC INCREASING RISK

KALECKIS PRINC INCREASING RISK PDF Author: Tracy Mott
Publisher: Routledge
ISBN: 1134894783
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
This book 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.

KALECKIS PRINC INCREASING RISK

KALECKIS PRINC INCREASING RISK PDF Author: Tracy Mott
Publisher: Routledge
ISBN: 1134894783
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
This book 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.

Essays in the Theory of Economic Fluctuations

Essays in the Theory of Economic Fluctuations PDF Author: M. Kalecki
Publisher: Routledge
ISBN: 113651709X
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
These essays, though formally independent, nevertheless constitute a whole, each one preparing the way for the succeeding chapter.

Kalecki's Principle of Increasing Risk

Kalecki's Principle of Increasing Risk PDF Author: Tracy Mott
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 406

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Book Description


Kalecki's Economics Today

Kalecki's Economics Today PDF Author: Zdzislaw Sadowski
Publisher: Routledge
ISBN: 1134422288
Category : Business & Economics
Languages : en
Pages : 266

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Book Description
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.

Central Banking, Asset Prices and Financial Fragility

Central Banking, Asset Prices and Financial Fragility PDF Author: Éric Tymoigne
Publisher: Routledge
ISBN: 1135976724
Category : Business & Economics
Languages : en
Pages : 430

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Book Description
The current literature on central banking contains two distinct branches. On the one side, research focuses on the impact of monetary policy on economic growth, unemployment, and output-price inflation, while ignoring financial aspects. On the other side, some scholars leave aside macroeconomics in order to study the narrow, but crucial, subjects of financial behaviours, and financial supervision and regulation. This book aims at merging both approaches by using macroeconomic analysis to show that financial considerations should be the main preoccupation of central banks. Eric Tymoigne shows how different views regarding the conception of asset pricing lead to different positions regarding the appropriate role of a central bank in the economy. In addition, Hyman P. Minsky’s framework of analysis is used extensively and is combined with other elements of the Post Keynesian framework to study the role of a central bank. Tymoigne argues that central banks should be included in a broad policy strategy that aims at achieving stable full employment. Their sole goal should be to promote financial stability, which is the best way they can contribute to price stability and full employment. Central banks should stop moving their policy rate frequently and widely because that creates inflation, speculation, and economic instability. Instead, Tymoigne considers a pro-active financial policy that does not allow financial innovations to enter the economy until they are certified to be safe and that focuses on analyzing systemic risk. He argues that central banks should be a guide and a reformer that allow a smooth financing and funding of asset positions, while making sure that financial fragility does not increase drastically over a period of expansion. This book will be of interest to students and researchers engaged with central banking, macroeconomics, asset pricing and monetary economics.

Kalecki's Economics Today

Kalecki's Economics Today PDF Author: Zdzislaw Sadowski
Publisher: Routledge
ISBN: 113442227X
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
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 in the 21st Century

Michał Kalecki in the 21st Century PDF Author: J. Toporowski
Publisher: Springer
ISBN: 1137428287
Category : Political Science
Languages : en
Pages : 276

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Book Description
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.

A Handbook of Alternative Monetary Economics

A Handbook of Alternative Monetary Economics PDF Author: Philip Arestis
Publisher: Edward Elgar Publishing
ISBN: 1847202802
Category : Business & Economics
Languages : en
Pages : 535

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Book Description
Consists of over 30 major contributions that explore a range of work on money and finance. The contributions in this handbook cover the origins and nature of money, detailed analyses of endogenous money, surveys of empirical work on endogenous money and the nature of monetary policy when money is endogenous.

Elgar Encyclopedia of Post-Keynesian Economics

Elgar Encyclopedia of Post-Keynesian Economics PDF Author: Louis-Philippe Rochon
Publisher: Edward Elgar Publishing
ISBN: 1788973933
Category : Business & Economics
Languages : en
Pages : 475

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Book Description
This Encyclopedia is an invaluable reference book for post-Keynesian and heterodox economics. It consists of 300 entries, written by 180 different authors. The volume includes entries on key concepts of interest to post-Keynesians as well as descriptions of some of the seminal books in the post-Keynesian tradition. It will interest both students and scholars of heterodox economics, as well as policy makers around the world looking for a better alternative to mainstream economic policies at national and international levels in the aftermath of the global financial crisis that burst in 2008 and the COVID-19 pandemic crisis that began in 2020.

Interest and Capital

Interest and Capital PDF Author: Jan Toporowski
Publisher: Oxford University Press
ISBN: 0192548220
Category : Business & Economics
Languages : en
Pages : 194

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Book Description
Interest and Capital brings together Michał Kalecki's published fragments on monetary theory and policy to explore his distinctive approach to money and its circulation in the capitalist economy. Toporowski lays out Kalecki's critique of the international monetary arrangements proposed by Keynes and White at Bretton Woods, casting new light on the international monetary imbalances that have since disrupted the international economy. The greater importance of debt management revealed in Kalecki's monetary analysis makes it particularly relevant to the policy dilemmas of developing countries and governments facing high levels of debt in the wake of recent global crises. In Kalecki's theoretical approach, money has both an industrial and a financial circulation. Corporate finance takes its place at the centre of monetary considerations because it is the money of capitalists that is the autonomous determinant of expenditure in the economy. This theory has important implications for the rate of interest, which is not related to the rate of profit, nor to the kind of portfolio adjustments necessary to maintain portfolio equilibrium, but to the kind of financing that may prevail in any given phase of the business cycle.