The Enigma of the Business Cycle

Jan Toporowski
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Jan Toporowski: University of London

Chapter 7 in Michał Kalecki: An Intellectual Biography, 2013, pp 55-68 from Palgrave Macmillan

Abstract: Abstract The business cycle was to be the most lasting preoccupation of Michał Kalecki. In equal measure it epitomised the most obvious features of what was wrong with capitalism — instability, unemployment and poverty — and, by reason of its complexity, provided the greatest intellectual challenge to the honest and objective economic researcher.

Keywords: Business Cycle; Central Bank; Capitalist Economy; Capital Equipment; Business Cycle Theory (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pshchp:978-1-137-31539-7_7

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DOI: 10.1057/9781137315397_7

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