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Lectures in Macroeconomics: A Capitalist Economy Without Unemployment

By Kazimierz Laski, Jerzy Osiatynski (Editor), Jan Toporowski (Editor)
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$51.99
By Kazimierz Laski, Jerzy Osiatynski (Editor), Jan Toporowski (Editor)
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Lectures in Macroeconomics: A Capitalist Economy Without Unemployment provides a systematic account of the principle of aggregate demand based on the work of Polish economist Michał Kalecki, best known as one of the originators of the Keynesian Revolution in macroeconomics.The lectures demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to...

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