An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics / Edition 1

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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.
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Editorial Reviews

Presents an alternative macroeconomic theory based on the contributions of Michal Kalecki, a pioneer of post-Keynesian theory, covering areas including methodology, price theory, trade cycles and economic growth, monetary economics, and socialism. Includes chapters on Kalecki and Keynes, microfoundations from a Kaleckian perspective, Kalecki and the Americans, and Kalecki and the political economy of the third world. For scholars in economics. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9780792396987
  • Publisher: Springer Netherlands
  • Publication date: 2/29/1996
  • Series: Recent Economic Thought Series , #49
  • Edition description: 1996
  • Edition number: 1
  • Pages: 228
  • Product dimensions: 0.63 (w) x 9.21 (h) x 6.14 (d)

Table of Contents

Introduction. 1. Kalecki's Role in Post Keynesian Economics: an Overview; P. Arestis. 2. Kalecki and Keynes; S. Chapple. 3. Microfoundations: A Kaleckian Perspective; P. Kriesler. 4. Kalecki's Theory of Prices and Distribution; P.J. Reynolds. 5. Kalecki on the Trade Cycle and Economic Growth; M. Sawyer. 6. Kalecki's Monetary Economics; G.A. Dymski. 7. Kalecki and the Americans; J.E. King. 8. Kalecki, Marx and the Economics of Socialism; J. Toporowski. 9. Michal Kalecki and the Political Economy of the Third World; B. McFarlane. Contributing Authors. Index.
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