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The Influence of Michal Kalecki on Joan Robinson’s Approach to Economics

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Author Info

  • Peter Kriesler

    ()
    (School of Economics, University of New South Wales)

  • G. C. Harcourt

    ()
    (Jesus College Cambridge and University of New South Wales)

Abstract

Joan Robinson and Michal Kalecki were two of the intellectual giants of twentieth century economics, whose contributions over a significant range of issues have had major impacts on economics. This paper examines the significant communications between them, concentrating on the major cross influences which were apparent from the first time that they met. It focuses on Kalecki’s influence on Joan Robinson in a number of areas. In particular, there was much communication between them about developments in Keynesian theory, where Joan Robinson was influenced by Kalecki’s Marxian approach. Further areas of influence included the role and determination of investment and innovation, the nature of price setting in capitalist economies, and methodological issues associated with the nature of economic theory, particularly with respect to economic cycles and trends.

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File URL: http://research.economics.unsw.edu.au/RePEc/papers/2010-21.pdf
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Bibliographic Info

Paper provided by School of Economics, The University of New South Wales in its series Discussion Papers with number 2010-21.

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Length: 21 pages
Date of creation: Nov 2010
Date of revision:
Handle: RePEc:swe:wpaper:2010-21

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Keywords: History of Economic Thought since 1925; Current Heterodox Approaches; Economic Methodology;

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Cited by:
  1. Geoffrey Harcourt & Peter Kriesler, 2012. "Michal Kalecki and Rosa Luxemburg on Marx’s schemes of reproduction: two incisive interpreters of capitalism," Discussion Papers 2012-34, School of Economics, The University of New South Wales.

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