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About this item
Highlights
- 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.
- Author(s): Michal Kalecki
- 180 Pages
- Business + Money Management, Economics
Description
Book Synopsis
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.Dimensions (Overall): 8.5 Inches (H) x 5.5 Inches (W) x .41 Inches (D)
Weight: .52 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 180
Genre: Business + Money Management
Sub-Genre: Economics
Publisher: Monthly Review Press
Format: Paperback
Author: Michal Kalecki
Language: English
Street Date: March 21, 2011
TCIN: 86385233
UPC: 9780853450818
Item Number (DPCI): 247-22-7472
Origin: Made in the USA or Imported
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Shipping details
Estimated ship dimensions: 0.41 inches length x 5.5 inches width x 8.5 inches height
Estimated ship weight: 0.52 pounds
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