Author: Julio López G
Publisher: Springer
ISBN: 0230293956
Category : Business & Economics
Languages : en
Pages : 269
Book Description
This book presents a thorough evaluation of Michal Kalecki's theory of the capitalist economy. It provides readers with a complete view of Kalecki's theory, including his very important writings on the economics of underdeveloped countries.
Michal Kalecki
Interest and Capital
Author: Jan Toporowski
Publisher: Oxford University Press
ISBN: 0192548220
Category : Business & Economics
Languages : en
Pages : 234
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.
Publisher: Oxford University Press
ISBN: 0192548220
Category : Business & Economics
Languages : en
Pages : 234
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.
The Economics of Michał Kalecki
Author: Malcolm C. Sawyer
Publisher:
ISBN: 9780333349366
Category : Economics
Languages : en
Pages : 319
Book Description
Publisher:
ISBN: 9780333349366
Category : Economics
Languages : en
Pages : 319
Book Description
Michał Kalecki: An Intellectual Biography
Author: J. Toporowski
Publisher: Springer
ISBN: 1137315393
Category : Business & Economics
Languages : en
Pages : 195
Book Description
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.
Publisher: Springer
ISBN: 1137315393
Category : Business & Economics
Languages : en
Pages : 195
Book Description
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.
Selected Essays on the Dynamics of the Capitalist Economy 1933-1970
Author: Michal Kalecki
Publisher: CUP Archive
ISBN: 9780521079839
Category : Business & Economics
Languages : en
Pages : 216
Book Description
Publisher: CUP Archive
ISBN: 9780521079839
Category : Business & Economics
Languages : en
Pages : 216
Book Description
Kalecki's Economics Today
Author: Zdzislaw Sadowski
Publisher: Routledge
ISBN: 113442227X
Category : Business & Economics
Languages : en
Pages : 296
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
Publisher: Routledge
ISBN: 113442227X
Category : Business & Economics
Languages : en
Pages : 296
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
Theory of Economic Dynamics
Author: Michal Kalecki
Publisher:
ISBN: 9781583677254
Category : Business cycles
Languages : en
Pages : 180
Book Description
Publisher:
ISBN: 9781583677254
Category : Business cycles
Languages : en
Pages : 180
Book Description
A History of Post Keynesian Economics Since 1936
Author: J. E. King
Publisher: Edward Elgar Publishing
ISBN: 9781781008010
Category : Business & Economics
Languages : en
Pages : 332
Book Description
This text provides a history of the post Keynesian approach to economics since 1936. The author locates the origins of these economics in the conflicting interpretations of Keynes' General Theory and in the complementary work of Michael Kalecki.
Publisher: Edward Elgar Publishing
ISBN: 9781781008010
Category : Business & Economics
Languages : en
Pages : 332
Book Description
This text provides a history of the post Keynesian approach to economics since 1936. The author locates the origins of these economics in the conflicting interpretations of Keynes' General Theory and in the complementary work of Michael Kalecki.
Essays in the Theory of Economic Fluctuations
Author: M. Kalecki
Publisher: Routledge
ISBN: 113651709X
Category : Business & Economics
Languages : en
Pages : 96
Book Description
These essays, though formally independent, nevertheless constitute a whole, each one preparing the way for the succeeding chapter.
Publisher: Routledge
ISBN: 113651709X
Category : Business & Economics
Languages : en
Pages : 96
Book Description
These essays, though formally independent, nevertheless constitute a whole, each one preparing the way for the succeeding chapter.
Essays on Developing Economies
Author: Michal Kalecki
Publisher:
ISBN:
Category :
Languages : en
Pages : 208
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 208
Book Description