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Michal Kalecki: A Pioneer of Development Economics

In: Michal Kalecki

Author

Listed:
  • Julio G. López
  • Michaël Assous

Abstract

Kalecki made important contributions to development economics, which rank him among the founding fathers of this area of economics. The objective of this chapter is to give an account of his contributions, mostly by letting the author speak for himself. We will start the presentation of his ideas summarizing one of the last papers he wrote on the subject (Kalecki (1966b [1993]), where he presented in his usual concise style his overall outlook.

Suggested Citation

  • Julio G. López & Michaël Assous, 2010. "Michal Kalecki: A Pioneer of Development Economics," Great Thinkers in Economics, in: Michal Kalecki, chapter 8, pages 174-191, Palgrave Macmillan.
  • Handle: RePEc:pal:gtechp:978-0-230-29395-3_8
    DOI: 10.1057/9780230293953_8
    as

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    Keywords

    Real Wage; Public Spending; Consumption Good; Underdeveloped Country; Intermediate Regime;
    All these keywords.

    JEL classification:

    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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