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Oxford University Press, USA
Lectures in Macroeconomics: A Capitalist Economy Without Unemployment
Lectures in Macroeconomics: A Capitalist Economy Without Unemployment
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Lectures in Macroeconomics: A Capitalist Economy Without Unemployment provides a systematic account of the principle of aggregate demand based on the work of Polish economist Michal Kalecki, best known as one of the originators of the Keynesian Revolution in macroeconomics.The lectures
demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to the unstable nature of investment it is important that the government has a central role in
stabilizing the economy. This English translation of Kazimierz Laski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy, and the obstacles that must be overcome in bringing it to full employment. It introduces the role of money and finance in the contemporary
capitalist economy, as well as the central role of the labour market and wages. The analysis is illustrated with statistics and discussion around the evolution of capitalist economies and the rise of economic inequality since the Second World War, culminating in the 2008 crisis and the economic
deflation affecting Europe since that crisis. Lectures in Macroeconomics remarks critically upon the neo-classical approach to economics that has brought about slow economic growth, unemployment, and inequality.
Author: Kazimierz Laski
Publisher: Oxford University Press, USA
Published: 08/30/2019
Pages: 240
Binding Type: Hardcover
Weight: 1.15lbs
Size: 9.30h x 6.30w x 0.80d
ISBN: 9780198842118
he organized lectures by Poland's other internationally-renowned economist, Michal Kalecki. Laski was expelled from Poland in 1968 during the anti-Semitic purge, and eventually settled in Austria, where he taught at the University in Linz and researched at the Vienna Institute for Comparative
Economic Studies. Even after his formal retirement Kazimierz Laski remained active, lecturing in Poland and presenting his research all over the world. Jerzy Osiatyński studied at Warsaw School of Economics (1959-64) and at the University of Cambridge (1971-73). He has worked at the Warsaw School of Economics and at the Institute of Economics of the Polish Academy of Sciences. His research focuses on economic theory and policy, public finance, and
economic development.
Jan Toporowski studied economics at Birkbeck College, University of London, and the University of Birmingham, UK. He has worked in fund management, international banking, and central banking. He has been a consultant for the Economist Intelligence Unit and various UN agencies. Jan Toporowski has
published nearly three hundred papers, books and reviews on monetary theory and policy, finance, and the work of Michal Kalecki, whose biography he has recently completed.
demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to the unstable nature of investment it is important that the government has a central role in
stabilizing the economy. This English translation of Kazimierz Laski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy, and the obstacles that must be overcome in bringing it to full employment. It introduces the role of money and finance in the contemporary
capitalist economy, as well as the central role of the labour market and wages. The analysis is illustrated with statistics and discussion around the evolution of capitalist economies and the rise of economic inequality since the Second World War, culminating in the 2008 crisis and the economic
deflation affecting Europe since that crisis. Lectures in Macroeconomics remarks critically upon the neo-classical approach to economics that has brought about slow economic growth, unemployment, and inequality.
Author: Kazimierz Laski
Publisher: Oxford University Press, USA
Published: 08/30/2019
Pages: 240
Binding Type: Hardcover
Weight: 1.15lbs
Size: 9.30h x 6.30w x 0.80d
ISBN: 9780198842118
About the Author
Kazimierz Laski
he organized lectures by Poland's other internationally-renowned economist, Michal Kalecki. Laski was expelled from Poland in 1968 during the anti-Semitic purge, and eventually settled in Austria, where he taught at the University in Linz and researched at the Vienna Institute for Comparative
Economic Studies. Even after his formal retirement Kazimierz Laski remained active, lecturing in Poland and presenting his research all over the world. Jerzy Osiatyński studied at Warsaw School of Economics (1959-64) and at the University of Cambridge (1971-73). He has worked at the Warsaw School of Economics and at the Institute of Economics of the Polish Academy of Sciences. His research focuses on economic theory and policy, public finance, and
economic development.
Jan Toporowski studied economics at Birkbeck College, University of London, and the University of Birmingham, UK. He has worked in fund management, international banking, and central banking. He has been a consultant for the Economist Intelligence Unit and various UN agencies. Jan Toporowski has
published nearly three hundred papers, books and reviews on monetary theory and policy, finance, and the work of Michal Kalecki, whose biography he has recently completed.
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