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Progress and Profit

In: Michał Kalecki: An Intellectual Biography

Author

Listed:
  • Jan Toporowski

    (SOAS University of London)

Abstract

Kalecki’s statistical investigations did not distract him from his attempts to explain his theories more clearly after his set-backs in Cambridge. But in a profession which increasingly aspired to mathematical precision and took for granted the reliability of statistics, his method of bold approximations occasionally followed by consideration of complicating factors was ill attuned to readers who took received theory as the starting points for enriching, even occasionally modifying that theory, and who therefore had difficulty in placing themselves at the starting point of Kalecki’s analysis.

Suggested Citation

  • Jan Toporowski, 2018. "Progress and Profit," Palgrave Studies in the History of Economic Thought, in: Michał Kalecki: An Intellectual Biography, chapter 5, pages 63-85, Palgrave Macmillan.
    • Handle: RePEc:pal:pshchp:978-3-319-69664-5_5
    DOI: 10.1007/978-3-319-69664-5_5
    as

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