Kalecki and Kaleckian Economics
Understanding the Economics of MichaĆ Kalecki and His Legacy after 50 Years
- Available for pre-order. Item will ship after November 30, 2021
This book helps in pushing forward a Kaleckian research agenda that is even more urgent given the 2007 financial crisis and the current post-COVID recovery. MichaĆ Kalecki is a leading heterodox economist, whose influence in the field perhaps even surpasses that of Keynes. Kaleckiâs 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, honoring the work of MichaĆ Kalecki, includes chapters contributed by celebrated Kaleckian economists. In honour of the 50th anniversary of his demise, the Review of Political Economy hosted a conference in September 2020 to celebrate his contribution to heterodox economics and his lasting legacy. These chapters, honoring the work of MichaĆ Kalecki, span a panoply of topics and include a personal note from one of his former students and friend, and cover topics such as Kaleckiâs 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.
Table of Contents
Introduction: Kalecki and Kaleckian Economics
Louis-Philippe Rochon, Marcin Czachor and Gracjan Bachurewicz
1. Remembering Kalecki: 22/05/1899â18/04/1970
2. Kalecki and Cambridge
Maria Cristina Marcuzzo
3. Overhead Labour Costs in a Neo-Kaleckian Growth Model with Autonomous Non-Capacity Creating Expenditures
Marc Lavoie and Won Jun Nah
4. Reforming Capitalist Democracies: Which Way?
5. Kalecki on Budget Deficits and the Possibilities for Full Employment
6. The Eurozone in Crisis â A Kaleckian Macroeconomic Regime and Policy Perspective
Eckhard Hein and Judith Martschin
7. The Relevance of Kalecki for Financial Capitalism of the 2020s
8. Debt Management and the Fiscal Balance
9. Kalecki and Marx Reconnected
Peter Kriesler and Joseph Halevi
10. Personal Income Distribution and Progressive Taxation in a Neo-Kaleckian Model: Insights from the Italian Case
Maria Cristina Barbieri GĂłes
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 LipiĆski Foundation for promoting pluralism in economics.
Gracjan Robert Bachurewicz is President of the Edward LipiĆski Foundationâs Council. He is a PhD Candidate and teaching assistant at the Department of Banking and Financial Markets at the University of Warsaw.