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Nicholas Kaldor’s Economics: a Review

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  • Gomes, Luiz

Abstract

Considered one of the leading economists of the 20th century, Nicholas Kaldor contributed to the development of modern economic thought in several fields, from cobweb models to tax issues. Kaldor is recognized worldwide for his work on economic development, the theory of distribution and economic growth. Nicholas Kaldor's concerns were directed at practical problems in economic policy. This work aimed to briefly investigate the contributions of Nicholas Kaldor to economic science. In this paper, we succinctly reviewed Nicholas Kaldor's main works. As Nicholas Kaldor's bibliographic production was quite extensive, some parts had to be highlighted, especially the growth models of theoretical framework I, with full employment, and the economic models of theoretical framework II, without full employment. The article is divided into sections and it has a conclusion.

Suggested Citation

  • Gomes, Luiz, 2022. "Nicholas Kaldor’s Economics: a Review," MPRA Paper 111352, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:111352
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    References listed on IDEAS

    as
    1. José Luís Oreiro, 2006. "Economia Pós-Keynesiana: Origem, Programa de Pesquisa, Questões Resolvidas e Desenvolvimentos Futuros," Working Papers 0034, Universidade Federal do Paraná, Department of Economics.
    2. Luigi L. Pasinetti, 1983. "Nicholas Kaldor: A Few Personal Notes," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 5(3), pages 331-340, March.
    3. Charles I. Jones & Paul M. Romer, 2010. "The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(1), pages 224-245, January.
    4. Nicholas Kaldor, 1934. "A Classificatory Note on the Determinateness of Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 1(2), pages 122-136.
    5. Young, Allyn A., 1928. "Increasing Returns and Economic Progress," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 38, pages 527-542.
    6. Kaldor, Nicholas, 1975. "Economic Growth and the Verdoorn Law-A Comment on Mr. Rowthorn's Article," Economic Journal, Royal Economic Society, vol. 85(340), pages 891-896, December.
    7. A. P. Thirlwall, 2002. "The Nature of Economic Growth," Books, Edward Elgar Publishing, number 2579.
    8. Nicholas Kaldor, 1966. "Marginal Productivity and the Macro-Economic Theories of Distribution: Comment on Samuelson and Modigliani," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 33(4), pages 309-319.
    9. Targetti, Ferdinando, 1992. "Nicholas Kaldor: The Economics and Politics of Capitalism as a Dynamic System," OUP Catalogue, Oxford University Press, number 9780198283485.
    10. Luigi L. Pasinetti, 1983. "Nicholas Kaldor: A Few Personal Notes," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 5(3), pages 333-340, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Nicholas Kaldor; Economics; Economic Growth; Theory of Distribution.;
    All these keywords.

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General

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