This paper is an academic discourse through the vast new evolutionary economics literature surrounding the knowledge-based economy and what Kalecki s insights can contribute. In a way it is a counterfactual trip into a Kaleckian world as if he was born a century later.

Traverse analysis has two progenitors (David Ricardo, Karl Marx) and five pioneers: Michal Kalecki, Adolph Lowe, Joan Robinson, J.R. Hicks, and John Hicks. Defined as the dynamic disequilibrium adjustment-path that connects an initial with a different terminal state of economic growth, the...

This paper attemps to understand a dilemma embedded in the Declaration of Independence: the expected costs of war against Britain far exceeded any possible war benefits, if these are construed simply as the removal of colonial taxation.

Alfred Chandler has advanced the notion that afetr the First World War successful diversifying concerns shifted from centralised ("U" form) management structures to multi-divisional ("M" form) product-based organisation. Precisely the opposite occured in the retail sector, where the rate of...