-run aspects of Kalecki's fundamental profit equation (1) We argue that the short lag between investment decisions and expenditures … is an essential element of any meaningful interpretation of Kalecki's profit equation. This lag has critical implications …Abstract Keynes and Kalecki both assume that private investment determines (but is not determined by) private savings …

This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually … theory of prices and distribution is reviewed. Then the relationship between Marx's and Keynes's monetary theory is examined …

This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually … theory of prices and distribution is reviewed. Then the relationship between Marx's and Keynes's monetary theory is examined …

a synthesis between Kaldor's and Kalecki's theories and that of Schumpeter,might have been possible and that it …

The essential insight Minsky drew from Keynes was that optimistic expectations about the future create a margin …, reflected in higher asset prices, which makes it possible for borrowers to access finance in the present. In other words, the … shortfall in economic performance in relation to the level of expectations that are already capitalized in asset prices may …

prices in determining firms' investment decisions was later revived by Minsky, but another part, about the way self …

Hyman P. Minsky provides a valuable framework for understanding the world in which we live. While rereading Keynes and … discovering Minsky are noble goals, one should also remember the mistakes that were made in the past. The mainstream … expenditures will not do. On the contrary, problems may worsen. If one wants to get serious about Keynes and Minsky, one should …

This paper reviews the recently published doctoral thesis of Hyman P. Minsky, summarizing its main contributions to … methodology and microeconomics. These were aspects of economics with which Minsky is not usually associated, but which lie at the … Minsky's ideas in the work of Henry Simons, and highlights the Marshallian monetary analysis that he adopted. …

General Theory. It essentially reduced Keynes to sticky wages and prices, with nonneutral money only in the case of fooling …

literature on money. The approach taken here is integrated with Hyman Minsky's (1986) work (which relies heavily on the work of …'s approach, which relies on accounting identities; the K distribution theory of Keynes, Michal Kalecki, Nicholas Kaldor, and …