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An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics

  • Book
  • © 1996

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Editors:
  1. J. E. King

    1. La Trobe University, Australia

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Part of the book series: Recent Economic Thought (RETH, volume 49)

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-v
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  2. Introduction

    • J. E. King
    Pages 1-10

  3. Kalecki’s Role in Post Keynesian Economics: An Overview

    • Philip Arestis
    Pages 11-34

  4. Kalecki and Keynes

    • Simon Chapple
    Pages 35-54

  5. Microfoundations: A Kaleckian Perspective

    • Peter Kriesler
    Pages 55-72

  6. Kalecki’s Theory of Prices and Distribution

    • Peter J. Reynolds
    Pages 73-91

  7. Kalecki on the Trade Cycle and Economic Growth

    • Malcolm Sawyer
    Pages 93-114

  8. Kalecki’s Monetary Economics

    • Gary A. Dymski
    Pages 115-140

  9. Kalecki and the Americans

    • J. E. King
    Pages 141-167

  10. Kalecki, Marx and the Economics of Socialism

    • Jan Toporowski
    Pages 169-186

  11. Michal Kalecki and the Political Economy of the Third World

    • Bruce McFarlane
    Pages 187-218

  12. Back Matter

    Pages 219-228
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Keywords

About this book

lE. King Michael Kalecki (1899-1970) was one of the most important, and also one of the most underrated, economists of the twentieth century. In the 1930s he made a series of fundamental contributions to macroeconomic theory which anticipated, complemented and in some ways surpassed those of Keynes. Almost entirely self-educated in economics, and influenced rul much by Marxism as by mainstream theory, Kalecki very largely escaped the fatal embrace of pre-Keynesian orthodoxy, which blunted the thrust of the General Theory. Many Post Keynesians, in particular, have found in his work the elements of a convincing alternative to what Joan Robinson -Kalecki's greatest advocate in the English-speaking world - was scathingly to describe as 'bastard Keynesianism' . But Kalecki was never interested in theory for its own sake. He approached economics from a practical perspective, wrote extensively on applied and policy questions, and in the [mal decades of his life turned his attention increasingly to problems of economic development and the management of state socialist economies.

Editors and Affiliations

  • La Trobe University, Australia

    J. E. King

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