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Nicholas Kaldor after thirty years

Author

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  • John Edward King

    (Trobe University and Federation University Australia)

Abstract

The article analyses Kaldor’s ideas on economic policy, his interest in policy issues, and his contribution on specific policies. It underlines Kaldor’s strong and cogent views on: (i) monetary and fiscal policy, (ii) the control of cost inflation, and (iii) the stabilisation of commodity prices. The author suggests how Kaldor would have reacted to the most important economic policy questions that still face Britain and the European Union, thirty years after his death.

Suggested Citation

  • John Edward King, 2016. "Nicholas Kaldor after thirty years," PSL Quarterly Review, Economia civile, vol. 69(277), pages 107-277.
    • Handle: RePEc:psl:pslqrr:2016:21
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13695/13480
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    References listed on IDEAS

    as
    1. Edward J. Nell & Willi Semmler (ed.), 1991. "Nicholas Kaldor and Mainstream Economics," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-10947-0, October.
    2. Robert Pollin, 1991. "Two Theories of Money Supply Endogeneity: Some Empirical Evidence," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 13(3), pages 366-396, March.
    3. N. Kaldor & J. A. Mirrlees, 1971. "A New Model of Economic Growth," Palgrave Macmillan Books, in: F. H. Hahn (ed.), Readings in the Theory of Growth, chapter 13, pages 165-183, Palgrave Macmillan.
    4. Targetti, Ferdinando, 1992. "Nicholas Kaldor: The Economics and Politics of Capitalism as a Dynamic System," OUP Catalogue, Oxford University Press, number 9780198283485.
    5. Giancarlo Bertocco, 2001. "Is Kaldor's Theory of Money Supply Endogeneity Still Relevant?," Metroeconomica, Wiley Blackwell, vol. 52(1), pages 95-120, February.
    6. Desai, Meghnad, 1989. "The Scourge of the Monetarists: Kaldor on Monetarism and on Money," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 13(1), pages 171-182, March.
    7. N. Kaldor, 1964. "Prospects Of A Wages Policy For Australia," The Economic Record, The Economic Society of Australia, vol. 40(90), pages 145-155, June.
    8. B. J. Moore, 1991. "Marx, Keynes, Kalecki and Kaldor on the Rate of Interest as a Monetary Phenomenon," Palgrave Macmillan Books, in: Edward J. Nell & Willi Semmler (ed.), Nicholas Kaldor and Mainstream Economics, chapter 13, pages 225-242, Palgrave Macmillan.
    9. Kaldor, Nicholas, 1971. "Conflicts in National Economic Objectives," Economic Journal, Royal Economic Society, vol. 81(321), pages 1-16, March.
    10. Nicholas Kaldor, 1936. "Wage Subsidies as a Remedy for Unemployment," Journal of Political Economy, University of Chicago Press, vol. 44(6), pages 721-721.
    11. Blinder, Alan S, 1997. "Is There a Core of Practical Macroeconomics That We Should All Believe?," American Economic Review, American Economic Association, vol. 87(2), pages 240-243, May.
    12. Leanne Ussher, 2009. "Global Imbalances and the Key Currency Regime: The Case for a Commodity Reserve Currency," Review of Political Economy, Taylor & Francis Journals, vol. 21(3), pages 403-421.
    13. Therese Jefferson & John King, 2009. "Nicholas Kaldor and Critical Realism," Review of Political Economy, Taylor & Francis Journals, vol. 21(3), pages 463-480.
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    Cited by:

    1. Ruby NGAMANYA MUNHUPEDZI & A.M. CHIDAKWA, 2017. "Investigating the Impact of Dollarisation on Economic Growth - A Case of Zimbabwe," Expert Journal of Finance, Sprint Investify, vol. 5, pages 11-20.
    2. A.P. Thirlwall, 2018. "Una vita nell’economia," Moneta e Credito, Economia civile, vol. 71(283), pages 179-210.
    3. A.M. CHIDAKWA & Ruby NGAMANYA MUNHUPEDZI, 2017. "Investigating the Impact of Dollarization on Economic Growth: A Case of Zimbabwe," Expert Journal of Finance, Sprint Investify, vol. 5(1), pages 12-20.
    4. GUISAN, Maria-Carmen, 2017. "Manufacturing And Development In Countries And Areas Of Europe And Eurasia, 2000-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 17(1), pages 129-142.
    5. Ruby NGAMANYA MUNHUPEDZI & A.M. CHIDAKWA, 2017. "Investigating the Impact of Dollarisation on Economic Growth - A Case of Zimbabwe," Expert Journal of Finance, Sprint Investify, vol. 5, pages 11-20.

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    More about this item

    Keywords

    Kaldor; Economic Policies; Inflation;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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