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

Author

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  • 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.

Suggested Citation

  • Peter Kriesler & G. C. Harcourt, 2010. "The Influence of Michal Kalecki on Joan Robinson’s Approach to Economics," Discussion Papers 2010-21, School of Economics, The University of New South Wales.
  • Handle: RePEc:swe:wpaper:2010-21
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    File URL: http://research.economics.unsw.edu.au/RePEc/papers/2010-21.pdf
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    References listed on IDEAS

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    1. Drusilla K. Brown & Kozo Kiyota & Robert M. Stern, 2005. "Computational Analysis of the US FTAs with Central America, Australia and Morocco," The World Economy, Wiley Blackwell, vol. 28(10), pages 1441-1490, October.
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    3. Xiao-guang Zhang, 2006. "Armington Elasticities and Terms of Trade Effects in Global CGE Models," Staff Working Papers 0601, Productivity Commission, Government of Australia.
    4. Mahinda Siriwardana, 2006. "Australia's Involvement in Free Trade Agreements: An Economic Evaluation," Global Economic Review, Taylor & Francis Journals, pages 3-20.
    5. Brown, Drusilla K., 1987. "Tariffs, the terms of trade, and national product differentiation," Journal of Policy Modeling, Elsevier, vol. 9(3), pages 503-526.
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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.

    More about this item

    Keywords

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

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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