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Kalecki and Kaleckian Economics: Understanding the Economics of Michal Kalecki and His Legacy after 50 Years

Kalecki and Kaleckian Economics: Understanding the Economics of Michal Kalecki and His Legacy after 50 Years

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  • More about Kalecki and Kaleckian Economics: Understanding the Economics of Michal Kalecki and His Legacy after 50 Years


This book honors Michał Kalecki's contributions to heterodox economics and his lasting legacy, with chapters by celebrated Kaleckian economists covering topics such as his relationship with the Cantabrigians, labor economics, fiscal policy, income distribution, gender, finance, debt, and democracy. The book pushes forward a Kaleckian research agenda that is more urgent given the 2007-2009 financial crisis and the current post-COVID recovery.

Format: Paperback / softback
Length: 182 pages
Publication date: 25 September 2023
Publisher: Taylor & Francis Ltd


This book is a crucial contribution to advancing a Kaleckian research agenda, which becomes even more pressing in the aftermath of the 2007-2009 financial crisis and the ongoing post-COVID recovery. Michał Kalecki, widely regarded as a leading heterodox economist, has left an indelible influence on the field, surpassing even that of Keynes. Kalecki's insights remain highly relevant in today's world, and scholars are urged to apply his conclusions to ensure the sustainability of our economic systems.

To commemorate the 50th anniversary of Michał Kalecki's passing, the Review of Political Economy (ROPE) and the Edward Lipiński Foundation organized a conference in September 2020. The conference aimed to celebrate Kalecki's remarkable contributions to heterodox economics and his enduring legacy. This edited volume features chapters written by renowned Kaleckian economists, covering a diverse range of topics.

In tribute to Kalecki, the chapters in this book were originally published as a special issue of the journal Review of Political Economy. The book opens with a personal note from one of Kalecki's former students and friends, providing insights into his relationship with the Cantabrigians and his enduring influence on the field.

The subsequent chapters delve into various aspects of Kalecki's economic thought. They explore his contributions to labor economics, fiscal policy, income distribution, gender, finance, debt, and democracy. Each chapter offers a comprehensive analysis of Kalecki's ideas and their relevance in contemporary economic discussions.

The editors of this book have done an excellent job in bringing together leading scholars from around the world to contribute to this important volume. The chapters are well-researched, well-written, and provide valuable insights into Kalecki's economic theories and their applications.

This book is a must-read for anyone interested in heterodox economics, economic history, and the challenges facing our economic systems today. It serves as a tribute to Michał Kalecki's legacy and provides a valuable resource for scholars and policymakers seeking to understand and address the pressing economic issues of our time.

Weight: 453g
Dimension: 246 x 174 (mm)
ISBN-13: 9781032135748

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