Michal Kalecki’s Intellectual Legacy

Julio G. López and Michaël Assous

Chapter 10 in Michal Kalecki, 2010, pp 214-225 from Palgrave Macmillan

Abstract: Abstract At the end of our journey, when we want to assess Michal Kalecki’s intellectual legacy, we will probably be amazed by the range, the depth, the importance and the originality of his work. Perhaps we should underlie this last point. Nobel Prize winner Robert Solow (1975) remarked, “Michal Kalecki … seems to have sprung, full-grown, from his own brow; and his important work on macroeconomics is written not in opposition to the orthodoxy of the time, but in utter independence of it”.

Keywords: Business Cycle; Investment Decision; Government Expenditure; Capitalist Economy; Total Profit (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-0-230-29395-3_10

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DOI: 10.1057/9780230293953_10

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