Share
Theory of Economic Dynamics: An Essay on Cyclical and Long-Run Changes in Capitalist Economy (in English)
Michal Kalecki
(Author)
·
Monthly Review Press
· Paperback
Theory of Economic Dynamics: An Essay on Cyclical and Long-Run Changes in Capitalist Economy (in English) - Kalecki, Michal
$ 21.05
$ 28.57
You save: $ 7.52
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Tuesday, May 28 and
Wednesday, May 29.
You will receive it anywhere in United States between 1 and 3 business days after shipment.
Synopsis "Theory of Economic Dynamics: An Essay on Cyclical and Long-Run Changes in Capitalist Economy (in English)"
In his Essays in the Theory of Business Cycle published in Polish in 1933, Kalecki clearly stated the principle of effective demand in mathematical form. By 1935 he outlined his theory of employment, demolished the then-orthodox remedy for a depression-that is, wage cutting-and pinpointed the importance of investment for economic dynamics. Thus, although his training had been in Marxist economics, he succeeded in anticipating the Keynesian system, and, as Joan Robinson has pointed out, his claim to priority of publication is indisputable although he never mentioned this fact.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
✓ Producto agregado correctamente al carro, Ir a Pagar.