Background
KALECKI, Michal was born in 1899 in Lodz, Russia (now Poland).
KALECKI, Michal was born in 1899 in Lodz, Russia (now Poland).
In 1917 Kalecki finished a Bachelor's degree, in order to join later the University of Warsaw, where he began civil engineering. He was a very clever student, and in this period he formalized a generalization of Pascal's theorem, concerning a hexagon drawn within a second degree curve. Kalecki generalized this for a polygon of 2n sides.
Acknowledged posthumously as an independent creator of many of the elements of the ‘Keynesian’ system. A Marxist of an individual kind, he worked in capitalist and socialist countries and was critical of both economic systems. He used statistics and mathematical methods extensively, first to make his theorising congruent with current circumstances and second, to give it the quality of precision.
Along with Oskar Lange, he was responsible for the introduction of modern Western methods in economics into the Eastern bloc. He did not undertake broad economic surveys but concentrated on a number of precise and detailed studies. His outstanding contributions were in the theory of macroeconomic dynamics.
Economics Journalist. Employee, Polish Research Institute, Institution Business Cycles and Prices, 1929-1937. Oxford Institute, Institution Stats, 5.
Economics, United Nations, 1946-1954. Government Economics, Teacher Economics, Poland, 1955-1967.
"Mr Keynes's Predictions", 1932, Przegląd Socjalistyczny.
"On foreign trade and domestic exports", 1933, Ekonomista.
"A Macrodynamic Theory of Business Cycles", 1935, Econometrica.
"The Mechanism of Business Upswing" (El mecanismo del auge económico), 1935, Polska Gospodarcza.
"Business upswing and the balance of payments" (El auge económico y la balanza de pagos), 1935, Polska Gospodarcza.
"A Theory of the Business Cycle", 1937, Review of Economic Studies.
"A Theory of Commodity, Income and Capital Taxation", 1937, Economic Journal.
Essays in the Theory of Economic Fluctuations
Essays in the Theory of Economic Fluctuations, 1939.
Studies in Economic Dynamics, 1943
Economic Implications of the Beveridge Plan (1943)
Studies in the Theory of Business Cycles, 1933–1939, 1966.
Selected Essays on the Dynamics of the Capitalist Economy, 1933–1970, 1971.
Selected Essays on the Economic Growth of the Socialist and the Mixed Economy, 1972.
The Last Phase in the Transformation of Capitalism, 1972.
Essays on Developing Economies, 1976.
Collected Works of Michał Kalecki (seven volumes..), Oxford University Press, 1990–1997.
"The Principle of Increasing Risk", 1937, Económica.
"The Determinants of Distribution of the National Income", 1938, Econometrica.
"A Theory of Profits", 1942, Economic Journal.
"Political Aspects of Full Employment", 1943, Political Quarterly
"Professor Pigou on the Classical Stationary State", 1944, Economic Journal.
"Three Ways to Full Employment", 1944 in Economics of Full Employment.
"A Note on Long Run Unemployment", 1950, Review of Economic Studies.
"Observations on the Theory of Growth", 1962, Economic Journal.
"The Problem of Effective Demand with Tugan-Baranovski and Rosa Luxemburg", 1967, Ekonomista.
"The Marxian Equations of Reproduction and Modern Economics", 1968, Social Science Information.
"Trend and the Business Cycle", 1968, Economic Journal.
"Class Struggle and the Distribution of National Income" (Lucha de clases y distribución del ingreso), 1971, Kyklos.