This volume contains Kalecki's writings on the theory of growth of
a socialist economy and the theory of economic efficiency of
investment. These are supplemented by essays on some economic and
social problems of People's Poland. Though quite theoretical in
nature, both the Introduction to the Theory of Growth in a
Socialist Economy and Kalecki's many studies in the theory of
economic efficiency of investment projects are deeply rooted in his
practical experience as an economic planner. It is only in this
light that the significance of his contributions to the theory of
economic efficiency of investments can be assessed, and his ideas
on socialist reproduction can be seen as a whole. Its central point
is economic planning, which for Kalecki was the fundamental feature
of a socialist economy.
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