IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

The Political Business Cycle At Sixty: Towards A Neo-Kaleckian Understanding Of Political Economy

  • Jan-Peter OLTERS


Sixty years ago, Kalecki (1943) introduced the notion of a political business cycle to the economics discipline, emphasising that individual economic interest affected not only that person's political behaviour but also overall economic growth. Since then, an extensive and remarkably heterogeneous literature has developed that is unified in its attempt to encourage an interdisciplinary analysis of economic problems and distributive questions and to integrate the non-market branch of political economy with the rest of the discipline. By critically surveying the insights that economists have won since, this article attempts to place into a broader context those recent innovations in politico-economic research that have picked up on Kalecki's understanding of personal conflict as the key explanation for political behaviour and economic growth-foreshadowing the development of a positively formulated economic theory of politics that is able to fully incorporate the decision-making processes of voters, parties, and governments into those of consumers and firms

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Article provided by L'Harmattan in its journal Cahiers d'économie Politique.

Volume (Year): (2004)
Issue (Month): 46 ()
Pages: 91-130

in new window

Handle: RePEc:cpo:journl:y:2004:i:46:p:91-130
Contact details of provider: Web page:

Order Information: Postal: 142 rue du faubourg Saint-Martin. 75010 Paris, France.

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:cpo:journl:y:2004:i:46:p:91-130. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.