This book examines the life and work of the extraordinary Polish
economist, Michal Kalecki. It discusses Kalecki's theory of the
capitalist economy, and provides a thorough guided tour through his
published works, including his important writings on the economics
of underdeveloped countries.
Kalecki's ideas received wide international recognition during the
period when Keynesianism predominated in the economic landscape. In
the early 1930s, Kalecki anticipated many aspects of the principle
of effective demand that later John Maynard Keynes put forward in
his General Theory of Employment, Interest and Money. This book
commemorates Kalecki's originality, and great contribution to
economics. The book is co-authored by a former student of Kalecki.
It includes original notes taken from Kalecki's courses, which up
till now have never been published.
This book is indispensable reading for all interested in the
history of economic thought.
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