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Michal Kalecki: An Intellectual Biography - Volume II: By Intellect Alone 1939-1970 (Hardcover, 1st ed. 2018)
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Michal Kalecki: An Intellectual Biography - Volume II: By Intellect Alone 1939-1970 (Hardcover, 1st ed. 2018)
Series: Palgrave Studies in the History of Economic Thought
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This volume of intellectual biography records the work of Michal
Kalecki's maturity: his work on monetary economics and the theory
of profits; his work on the problems of socialism and developing
countries; and the extension of his theory of capitalism to define
his work in relation to Keynes and previous political economic
principles. Kalecki had, by 1939, laid out the essential elements
of his theory of the business cycle in capitalism. This book begins
at Oxford where, at the Institute of Statistics, he worked on the
economic planning and financing of World War Two, as well as
extending and detailing the particulars of his theory and examining
the conditions for full employment in the post-War international
monetary and financial system. Kalecki would then work for the
United Nations on full employment, inflation, and developing
countries. He departed from the United Nations in 1955, and
returned to Poland to extend two new directions of his ideas - on
the economics of developing countries and his theory of growth in
the socialist economy, alongside further work on business cycles.
This book is essential reading for all those who want to understand
Kalecki's lasting contribution to economic theory and policy.
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