Titlebook: Michał Kalecki in the 21st Century; Jan Toporowski,Łukasz Mamica Book 2015 Palgrave Macmillan, a division of Macmillan Publishers Limited

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obtuse

The Failure of Economic Planning: The Role of the Fel’dman Model and Kalecki’s Critiqued from that of most 20th-century economists because it was not aimed at academic economists but, rather, at politicians, bureaucrats and others involved in the machinery of planning. This meant that, although the work was often not as technical as the authors may have liked, it strongly related to t

appall

Are Rigid Prices the Cause of Unemployment?g marginal productivity of factors of production and the substitution hypothesis which makes the entrepreneurs chose more labour-intensive techniques of production when wages fall in relation to the cost of capital. Kalecki and Keynes opposed that view and demonstrated that when the economy operates

foreign

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训诫

Kaleckian Traverse, Socialist Planning and Hayekian Objectionseep depression all short- and long-term macroeconomic adjustments should be thought of in a Kalecki-Kaldor-Lowe type Traverse context. Indeed it was Nicholas Kaldor who developed in 1938 a fully fledged Traverse approach well before the coinage of the term by John Hicks in 1965 (Kaldor, 1938). We wi

窃喜

The Impact of Innovations on Investments and Economic Growth in the Thought of Kaleckitradiction to mainstream economics which treats external factors as major determinants of business cycles. The problem of innovation activity (which Kalecki often called technical progress) and its impact on economic development, mainly by the necessity for new investments, was analysed by Kalecki i

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exostosis

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