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Kalecki's ''Essays in the Theory of Economic Fluctuations''

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  • Brian Tew

Abstract

This paper compares Kalecki's 1939 book, 'Essays in the Theory of Economic Fluctuations' with the analysis of Keynes in the 'General Theory' and subsequent articles. It argues that the work of Kalecki lends strong support to Keynes's crusade against contemporary macroeconomic theory; where Keynes and Kalecki differed, it was generally due to the Keynesian assumption of perfect competition, which Kalecki rejected.

Suggested Citation

  • Brian Tew, 1999. "Kalecki's ''Essays in the Theory of Economic Fluctuations''," Review of Political Economy, Taylor & Francis Journals, vol. 11(3), pages 273-282.
    • Handle: RePEc:taf:revpoe:v:11:y:1999:i:3:p:273-282
    DOI: 10.1080/095382599107002
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    References listed on IDEAS

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    1. R. F. Harrod, 1934. "Doctrines of Imperfect Competition," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 48(3), pages 442-470.
    2. A. P. Lerner, 1934. "The Concept of Monopoly and the Measurement of Monopoly Power," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 1(3), pages 157-175.
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