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An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics pp 93–114Cite as

Kalecki on the Trade Cycle and Economic Growth

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

Abstract

The purpose of this chapter is to review Kalecki’s contribution to the understanding of the business cycle and to growth, and to relate his contribution to other works in these areas. The phenomenon of the business cycle was central to Kalecki’s economic analysis of capitalism and his discovery of the importance of aggregate demand for the level of economic activity was undertaken in the context of cyclical fluctuations. His earliest and some of his last writings were concerned with cycles and growth, and involved a continuous search for an improved understanding of these issues.

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Authors
  1. Malcolm Sawyer
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Editor information

Editors and Affiliations

  1. La Trobe University, Australia

    J. E. King (Reader in Economics) (Reader in Economics)

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© 1996 Kluwer Academic Publishers

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Sawyer, M. (1996). Kalecki on the Trade Cycle and Economic Growth. In: King, J.E. (eds) An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics. Recent Economic Thought Series, vol 49. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-1810-8_6

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  • DOI: https://doi.org/10.1007/978-94-009-1810-8_6

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-7306-6

  • Online ISBN: 978-94-009-1810-8

  • eBook Packages: Springer Book Archive

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