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On Kaldor's “Logical Slip”: A Possible Explanation


  • Joan O'Connell


In outlining his theory of economic growth and income distribution, Kaldor made a “logical slip”: while in his model, workers might save, workers' assets were accounted for. Kaldor acknowledged the strong influence of Kalecki and Keynes on his work. What is suggested here is that Kaldor may have “slipped” because he applied comments by, in particular, Keynes to the context of his own model. In Kaldor's case, however, the use of Keynes's remarks was not coherent.

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  • Joan O'Connell, 2009. "On Kaldor's “Logical Slip”: A Possible Explanation," History of Political Economy, Duke University Press, vol. 41(4), pages 737-747, Winter.
  • Handle: RePEc:hop:hopeec:v:41:y:2009:i:4:p:737-747

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    References listed on IDEAS

    1. Rod O'Donnell, 1992. "The Unwritten Books and Papers of J. M. Keynes," History of Political Economy, Duke University Press, vol. 24(4), pages 767-817, Winter.
    2. Goodwin, Craufurd D., 2000. "Economic Man in the Garden of Eden," Journal of the History of Economic Thought, Cambridge University Press, vol. 22(04), pages 405-432, December.
    3. Laidler,David, 1999. "Fabricating the Keynesian Revolution," Cambridge Books, Cambridge University Press, number 9780521641739, March.
    4. Sen, Amartya Kumar, 1970. "The Impossibility of a Paretian Liberal," Scholarly Articles 3612779, Harvard University Department of Economics.
    5. Sen, Amartya, 1970. "The Impossibility of a Paretian Liberal," Journal of Political Economy, University of Chicago Press, vol. 78(1), pages 152-157, Jan.-Feb..
    6. Robert Dimand, 1988. "The Origins of the Keynesian Revolution," Books, Edward Elgar Publishing, number 139.
    7. Fitzgibbons, Athol, 1988. "Keynes's Vision: A New Political Economy," OUP Catalogue, Oxford University Press, number 9780198286417, June.
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    John Maynard Keynes; Nicholas Kaldor;


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