Kalecki and Kaleckian Economics: Understanding the Economics of Michał Kalecki and His Legacy after 50...

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Louis-Philippe Rochon (Laurentian University, Canada) Marcin Czachor

Kalecki and Kaleckian Economics

Understanding the Economics of Michał Kalecki and His Legacy after 50 Years

Louis-Philippe Rochon (Laurentian University, Canada), Marcin Czachor, Gracjan Robert Bachurewicz

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English

Routledge
25 September 2023

Politics & government; Labour economics

This book helps in pushing forward a Kaleckian research agenda that is even more urgent given the 2007-2009 financial crisis and the current post-COVID recovery. Michał Kalecki was a leading heterodox economist, whose influence in the field perhaps even surpasses that of Keynes. Kalecki’s insights are even more relevant today, and scholars are encouraged to apply his conclusions to ensure the sustainability of our economic systems.

This edited volume, honouring the work of Michał Kalecki, includes chapters contributed by celebrated Kaleckian economists. In honour of the 50th anniversary of his demise, the Review of Political Economy (ROPE) and Edward Lipiński Foundation hosted a conference in September 2020 to celebrate his contribution to heterodox economics and his lasting legacy. These chapters, honouring the work of Michał Kalecki, span a panoply of topics and include a personal note from one of his former students and friend, and cover topics such as Kalecki’s relationship with the Cantabrigians, labour economics, fiscal policy, income distribution, gender, finance, debt, and democracy.

The chapters in this book were originally published as a special issue of the journal Review of Political Economy.

Edited by: Louis-Philippe Rochon (Laurentian University Canada), Marcin Czachor, Gracjan Robert Bachurewicz
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 246mm, Width: 174mm,
Weight: 453g
ISBN: 9781032135748
ISBN 10: 1032135743
Pages: 182
Publication Date: 25 September 2023
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Introduction: Kalecki and Kaleckian Economics 1. Remembering Kalecki: 22/05/1899–18/04/1970 2. Kalecki and Cambridge 3. Overhead Labour Costs in a Neo-Kaleckian Growth Model with Autonomous Non-Capacity Creating Expenditures 4. Reforming Capitalist Democracies: Which Way? 5. Kalecki on Budget Deficits and the Possibilities for Full Employment 6. The Eurozone in Crisis — A Kaleckian Macroeconomic Regime and Policy Perspective 7. The Relevance of Kalecki for Financial Capitalism of the 2020s 8. Debt Management and the Fiscal Balance 9. Kalecki and Marx Reconnected 10. Personal Income Distribution and Progressive Taxation in a Neo-Kaleckian Model: Insights from the Italian Case 11. Gender Issues in Kaleckian Distribution and Growth Models: On the Macroeconomics of the Gender Wage Gap

Louis-Philippe Rochon is Full Professor of Economics at Laurentian University, Canada, where he has been teaching since 2004. He is the editor-in-chief of the Review of Political Economy. He is the founding editor (now emeritus) of the Review of Keynesian Economics. He is widely published in post-Keynesian economics, and monetary theory and policy. He has been a visiting professor in over a dozen universities around the world. Marcin Czachor is Attorney-at-law, the founder of Heterodox Publishing House, and co-founder of the Edward Lipiński Foundation for promoting pluralism in economics. Gracjan Robert Bachurewicz is President of the Edward Lipiński Foundation’s Council. He is a PhD Candidate and teaching assistant at the Department of Banking and Financial Markets at the University of Warsaw.