Toporowski Michal Kalecki: An Intellectual Biography

Volume II: By Intellect Alone 1939-1970
1. Auflage 2018
ISBN: 978-3-319-69664-5
Verlag: Springer International Publishing
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 294 Seiten

Reihe: Progress in Mathematics

This volume of intellectual biography records the work of Michal Kalecki's maturity: his work on monetary economics and the theory of profits; his work on the problems of socialism and developing countries; and the extension of his theory of capitalism to define his work in relation to Keynes and previous political economic principles. Kalecki had, by 1939, laid out the essential elements of his theory of the business cycle in capitalism. This book begins at Oxford where, at the Institute of Statistics, he worked on the economic planning and financing of World War Two, as well as extending and detailing the particulars of his theory and examining the conditions for full employment in the post-War international monetary and financial system. Kalecki would then work for the United Nations on full employment, inflation, and developing countries. He departed from the United Nations in 1955, and returned to Poland to extend two new directions of his ideas - on the economics of developing countries and his theory of growth in the socialist economy, alongside further work on business cycles.This book is essential reading for all those who want to understand Kalecki's lasting contribution to economic theory and policy.

Jan Toporowski is Professor of Economics and Finance at the School of Oriental and African Studies, University of London, UK, Visiting Professor of Economics and Finance at the International University College, Turin, Italy, and Visiting Professor of Economics at the University of Bergamo, Italy. He has worked in fund management, international banking, central banking and financial and economic consultancy. He has published extensively on monetary and financial theory and policy and the history of economic thought. The first volume of this intellectual biography, Michal Kalecki: An Intellectual Biography - Volume I: Rendez-vous in Cambridge 1899-1939, was published in 2013. 

Autoren/Hrsg.

Toporowski, Jan

Inhaltsverzeichnis

1;Contents;7
2;Preface;9
3;Acknowledgements;13
4;1: Wages in ‘Free and Fair Competition’;15
4.1;1.1 Real and Money Wages According to Keynes;16
4.2;1.2 Kalecki on Wages, Real and Money;19
4.3;1.3 The Political Economy of Wages;30
5;2: A Farewell to the 1930s;35
5.1;2.1 Polish Interest in the New Economics;35
5.2;2.2 The Coming of War;38
6;3: Oxford;47
6.1;3.1 At the Oxford Institute;47
6.2;3.2 Imperfect Competition;50
6.3;3.3 Rationing;54
7;4: Among Friends Again?;62
7.1;4.1 Friends Come Together;62
7.2;4.2 The Material Costs of War;67
8;5: Progress and Profit;75
8.1;5.1 Technical Progress;75
8.2;5.2 The Theory of Profits;83
9;6: Profits and Money;98
9.1;6.1 Monetary Circulation and the Money Market;100
9.2;6.2 The Critique of Wicksellianism;103
9.3;6.3 Money and Debt;109
9.4;6.4 Conclusion;114
10;7: The Political Economy of Full Employment;119
10.1;7.1 The Politics of Full Employment;120
10.2;7.2 Full Employment: But How?;127
11;8: Planning for Peace;137
11.1;8.1 Trade Disequilibrium and Full Employment;137
11.2;8.2 The Kalecki/Schumacher Plan;140
11.3;8.3 The International Monetary Fund Emerges;145
11.4;8.4 The Departure from Oxford;147
12;9: The Transition Period;155
12.1;9.1 Final Thoughts from Oxford;155
12.2;9.2 To Montreal;158
12.3;9.3 Monetary Policy Again;162
12.4;9.4 The Old Poland, and the New;167
13;10: At the United Nations;174
13.1;10.1 New York and Induction into the United Nations;174
13.2;10.2 Economic Diplomacy;176
13.3;10.3 Towards Development Economics;182
14;11: The Disenchantment at the United Nations;192
14.1;11.1 The Birth-Pangs of a New Book;192
14.2;11.2 Trouble at the United Nations;197
15;12: The Possibilities of Real Existing Socialism;207
15.1;12.1 A Stop-Over in Cambridge;207
15.2;12.2 Socialist Economic Reforms;210
15.3;12.3 Academic Recognition;219
15.4;12.4 Advising on Economic Development;223
16;13: Academic Freedom;230
16.1;13.1 Plans and Hopes Unfulfilled;230
16.2;13.2 Those ‘Academies of Science’;233
16.3;13.3 The Academic Laurels;238
16.4;13.4 The Return to Mexico;246
17;14: The Last Disappointment;251
17.1;14.1 Recovery as a Marxist;251
17.2;14.2 Capitalism and Its Dependencies;254
17.3;14.3 The Purge of the Intelligentsia;258
17.4;14.4 Final Comforts;262
18;Sources and Bibliography;268
18.1;Archives;268
18.2;Kalecki’s Publications (Cited in This Volume);269
18.3;Secondary Sources;277
18.4;Other References;278
19;Index;286