Michał Kalecki in the 21st Century

Front Matter....Pages i-xi
Introduction....Pages 1-6
Front Matter....Pages 7-7
The Failure of Economic Planning: The Role of the Fel’dman Model and Kalecki’s Critique....Pages 9-28
Are Rigid Prices the Cause of Unemployment?....Pages 29-50
Kalecki and Post-Keynesian Economics....Pages 51-67
Effective Demand and Path Dependence in Short- and Long-Run Growth....Pages 68-79
Kaleckian Traverse, Socialist Planning and Hayekian Objections....Pages 80-98
The Impact of Innovations on Investments and Economic Growth in the Thought of Kalecki....Pages 99-107
‘Dr Kalecki’ on Mr Keynes....Pages 108-115
Front Matter....Pages 117-117
Michał Kalecki’s Capitalist Dynamics from Today’s Perspective....Pages 119-130
Kalecki’s Profits Equation after 80 Years....Pages 131-156
Kalecki and Kowalik on the Dilemma of ‘Crucial Reform’ in the United States and Poland....Pages 157-181
A Kaleckian Perspective on Changes in the Aggregate Income Distribution in the US....Pages 182-197
Addressing the ‘Great Recession’ Using Kalecki’s Macroeconomic Analysis....Pages 198-211
Economic Policies for Exit from Crisis, in a Post-Kaleckian Model....Pages 212-238
Firm Heterogeneity, Finance and Development: A Kaleckian Perspective....Pages 239-251
The Kalecki-Steindl Theory of Financial Fragility....Pages 252-264
Back Matter....Pages 265-267