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many, forming also the basis of Minsky’s long ignored but now, after the 2008-9 crisis, all of a sudden famous explorations … the possibility of going beyond Keynes and Kalecki in terms of a general field theory of global political economy that can …
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This paper explores long wave theory, including Kondratieff's theory of cycles in production and relative prices … technological innovation; Goodwin's theory of cyclical growth based on employment and wage share dynamics; Keynes–Kaldor–Kalecki …'s demand and investment-oriented theories of cycles; and Minsky's financial instability hypothesis whereby capitalist economies …
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The paper, written for the centennial celebration of Kalecki’s birth, considers the legacy for modern macroeconomics of … Kalecki’s theory of income determination, which is reconstructed in its analytical constituent parts, referring in detail to … the original sources. Kalecki’s macroeconomics is notable for having been the first to be built, unlike Keynes’ but alike …
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market mechanisms, and the most profound influence on Łaski, Michał Kalecki. In Kalecki's view, the socialist economy is …. With cost minimisation, markets and prices in socialism, if left to themselves, generate similar deflationary tendencies to …
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In diesem Beitrag werden die Grundzüge der Überinvestitionstheorien von Hyman Minsky auf der einen und die von v. Hayek …, verhilft Minsky zu einem detaillierten Blick auf die Herkunftsseite des Kapitalstocks: Der Aufschwung, der sowohl technologisch …In this paper, we first develop, making use of the original tools used in the seminal papers of Hyman Minsky on the one …
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modern exponents Hyman Minsky, Charles Goodhart, and Geoffrey Ingham. This literature became the foundation for Modern Money …
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