Wednesday, December 7, 2011

Jan Toporowski on Julio López on Kalecki


EH.net published in their book review series a nice one on Julio López and Michaël Assous book titled Michal Kalecki, just published by Palgrave-Macmillan. Jan says:
"The excellence of Tony Thirlwall’s series for Palgrave on Great Thinkers in Economics is confirmed by this volume on Michał Kalecki, written by Kalecki’s former student, Julio López Gallardo (Professor at UNAM, Mexico City), and Michaël Assous (Maître de Conferences at the University of Paris, Panthéon-Sorbonne). The book is important in part because of the very enigmatic quality of Kalecki’s ideas which, expressed by him in a dry, lapidary style with few references, appear to have come from nowhere to anticipate the Keynesian Revolution that Keynes labored so long to wrest from the legacy of Alfred Marshall. As Robert Solow, quoted in this book (p. 214), remarked: “Michal Kalecki ... seems to have sprung, full-grown, from his own brow; and his important work on macroeconomics is written not in opposition to the orthodoxy of his time, but in utter independence of it."
Read the rest here.

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