Theory of Economic Dynamics (Monthly Review Press Classics) - Softcover

Kalecki, Michal

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9780853450818: Theory of Economic Dynamics (Monthly Review Press Classics)
Softcover
ISBN 10: 0853450811 ISBN 13: 9780853450818
Publisher: Monthly Review Press, 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.

"synopsis" may belong to another edition of this title.

Publisher
Monthly Review Press
Publication date
2011
Language
English
ISBN 10 
0853450811
ISBN 13 
9780853450818
Binding
Paperback
Number of pages
180
Rating
  • 4.02 out of 5 stars
    47 ratings by Goodreads

Other Popular Editions of the Same Title

9780415607483: Theory of Economic Dynamics

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ISBN 10:  0415607485 ISBN 13:  9780415607483
Publisher: Routledge, 2007
Softcover