Title: Kalecki's Principle of Increasing Risk and Keynesian Economics (Routledge Studies in the History of Economics)
Publisher: Routledge
Publication Date: 2009
Language: English
ISBN 10: 0415080398
ISBN 13: 9780415080392
Binding: Hardcover
Condition: New

About this title

Synopsis

Kalecki was one of an important generation of Cambridge economists. Here, Tracy Mott's impressive book examines the relationship of Kalecki's economics to different economic areas and its relationship to major alternative schools, such as Keynes and Marx.

Mott 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. In so doing, it makes sense out of the fundamental conclusions of Keynesian economics on the underemployment of labour and capital.

About the Author

Tracy Mott is Asscoiate Professor of Economics at the University of Denver, Colorado, USA.

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