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Half-Forgotten Personalities of Economic Thought - M. Kalecki

Pavel Sirůček

Acta Oeconomica Pragensia 2016, 24(6):78-85 | DOI: 10.18267/j.aop.563

Michał Kalecki was an original Polish economist, who is ranked among unorthodox Marxists. He focused mainly on issues of macroeconomic dynamics. He created the dynamic theory of effective demand, in which he overtook the more familiar concept of J. M. Keynes. Kalecki influenced many diverse economists, including, e.g., the first generation of post-Keynesian economics.