Michał Kalecki (; 22 June 1899 – 18 April 1970) was a Polish Marxian economist. Over the course of his life, Kalecki worked at the London School of Economics, University of Cambridge, University of Oxford, and Warsaw School of Economics, and was an economic advisor to the governments of Poland, France, Cuba, Israel, Mexico, and India. He also served as the deputy director of the United Nations Economic Department in New York City.

Kalecki has been called "one of the most distinguished economists of the 20th century" and "likely the most original one". It is often claimed that he developed many of the same ideas as John Maynard Keynes before Keynes but remains much less known to the English-speaking world. He offered a synthesis that integrated class analysis of Marxism and the new literature on oligopoly theory, and his work had a significant influence on both the neo-Marxian (Monopoly Capital) Information about his early years is very sparse, part of it being lost during the German occupation. He grew up in a major labor-turbulent industrial center, which affected his future views.

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Sources

  • Dobb, Maurice (1973). Theories of value and distribution since Adam Smith. Cambridge University Press.
  • Feiwel, George R. (1975). The Intellectual Capital of Michal Kalecki: A Study in Economic Theory and Policy. Fondo de Cultura Económica, México.
  • Kalecki, M. (2009) Theory of Economic Dynamics: An Essay on Cyclical and Long-Run Changes in Capitalist Economy, Monthly Review Press.
  • Kalecki, M. Collected Works of Michal Kalecki, Oxford University Press.
  • Kalecki, M. (1971) Selected essays on the dynamics of the capitalist economy, Cambridge University Press.

Further reading

  • Vianello, Fernando [1989], "Effective Demand and the Rate of Profits: Some Thoughts on Marx, Kalecki and Sraffa", in: Sebastiani, M. (ed.), Kalecki's Relevance Today, London, Macmillan, .
  • Alberto Chilosi "Kalecki's Theory of Income Determination: A Reconstruction and an Assessment"
  • Julio López G. and Michaël Assous"Michal Kalecki"
  • Theory of Economic Dynamics – Monthly Review
  • Kalecki's pricing and distribution theory F.M. Rugitsky