Macroeconomic paradoxes with Kalecki and Kaleckians

Marc Lavoie

Post-Print from HAL

Abstract: Post-Keynesian economics is known for the several paradoxes that it uncovers by taking macroeconomics as something else than some aggre- gated model with micro-foundations. Among these paradoxes is Michal Kalecki's paradox, which we can define as the claim that higher govern- ment deficits generate larger profits for the capitalists. Kalecki's paradox can be derived straight from the national accounts, with a couple of simple behavioural assumptions.

Date: 2014
References: Add references at CitEc
Citations:

Published in R. Bellofiore, E. Karwowski and J. Toporowski. Economic Crisis and Political Economy, Volume 2 of Essays in Honour of Tadeusz Kowalik, Palgrave Macmillan, pp. 198-211, 2014, 978-1-137-33575-3. ⟨10.1057/9781137335753_14⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Chapter: Macroeconomic Paradoxes with Kalecki and Kaleckians (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01343653

DOI: 10.1057/9781137335753_14

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().