1: Kalecki's Role in Post Keynesian Economics: an Overview --; 2: Kalecki and Keynes --; 3: Microfoundations: a Kaleckian Perspective --; 4: Kalecki's Theory of Prices and Distribution --; 5: Kalecki on the Trade Cycle and Economic Growth --; 6: Kalecki's Monetary Economics --; 7: Kalecki and the Americans --; 8: Kalecki, Marx and the Economics of Socialism --; 9: Michal Kalecki and the Political Economy of the Third World --; Contributing Authors.
SUMMARY OR ABSTRACT
Text of Note
This volume presents an alternative macroeconomic theory based on the contributions of Michal Kalecki. Kalecki's importance as a pioneer of post-Keynesian theory has long been recognized by such prominent economists as Joan Robinson and Lawrence Klein. While in the U.S. post-Keynesian economics has drawn more heavily on indigenous sources (i.e. Weintraub, Davidson and Minsky) and on Keynes himself, European, Indian and Australian post-Keynesians have always regarded Kalecki as their principal source and inspiration. The book covers topics on methodology, price theory, trade cycles and economic growth, monetary economics, socialism, and concludes with a complete bibliography on Kalecki.