This translation of Kazimierz Łaski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy. Through lectures on the work of Michał Kalecki it provides a systematic account of the principle of aggregate demand.
This translation of Kazimierz Łaski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy. Through lectures on the work of Michał Kalecki it provides a systematic account of the principle of aggregate demand.
Kazimierz ¿aski (1921-2015), was born in Cz¿stochowa in Poland. Despite his Jewish origins, he survived the Second World War, fighting in the Warsaw Uprising of 1944. He studied Economics with Oskar Lange and went on to hold the Chair in Political Economy at Warsaw's Economics University, where he organized lectures by Poland's other internationally-renowned economist, Michä Kalecki. ¿aski was expelled from Poland in 1968 during the anti-Semitic purge, and eventually settled in Austria, where he taught at the University in Linz and researched at the Vienna Institute for Comparative Economic Studies. Even after his formal retirement Kazimierz ¿aski remained active, lecturing in Poland and presenting his research all over the world. Jerzy Osiaty¿ski studied at Warsaw School of Economics (1959-64) and at the University of Cambridge (1971-73). He has worked at the Warsaw School of Economics and at the Institute of Economics of the Polish Academy of Sciences. His research focuses on economic theory and policy, public finance, and economic development. Jan Toporowski studied economics at Birkbeck College, University of London, and the University of Birmingham, UK. He has worked in fund management, international banking, and central banking. He has been a consultant for the Economist Intelligence Unit and various UN agencies. Jan Toporowski has published nearly three hundred papers, books and reviews on monetary theory and policy, finance, and the work of Michä Kalecki, whose biography he has recently completed.
Inhaltsangabe
Editor's Introduction Preface 1: Macroeconomic concepts and analytical tools 2: Surplus of consumer goods and how it can be turned into a profit 3: Prices and the distribution of national income 4: Profits and GDP in the basic model 5: Income and GDP in the model with government 6: GDP in an open economy model 7: Endogenous money 8: Economic growth and the growth of effective demand 9: Stylized features of economic growth after World War II
Editor's Introduction Preface 1: Macroeconomic concepts and analytical tools 2: Surplus of consumer goods and how it can be turned into a profit 3: Prices and the distribution of national income 4: Profits and GDP in the basic model 5: Income and GDP in the model with government 6: GDP in an open economy model 7: Endogenous money 8: Economic growth and the growth of effective demand 9: Stylized features of economic growth after World War II
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