Michal Kalecki

Great Thinkers in Economics is designed to illuminate the economics of some of the greatest historical and contemporary economics by exploring the interactions between their lives and work, and the events surrounding them. The books are brief and written in a style that makes them of interest not only to professional economists, but also to students of economics and the interested lay person.

This book examines the life and work of the extraordinary Polish economist. Michal Kalecki. it discusses Kalecki's theory of the capitalist economy, and provides a through guided tour through his published works including his important writings on the economics of underdeveloped countries. Kalecki's ideas received wide international recognition during the period when Keynesianism predominated in the economic landscape. In the early 1930s, Kalecki anticipated many aspects of the principle of effective demand that later John Maynard Keynes put forward in his General Theory of Employment, Interest and Money. This book commemorates Kalecki's originality and great contribution to economics. The book is co-authored by a former student of Kalecki. It includes original notes taken from Kalecki's courses, which up till now have never been published. This book is indispensable reading for all interested in the history of economic thought.

Julio Lopez received his BA in economics at the Universidad de Chile. Later, he took his PhD in economics in Poland, where he studied with Michal Kalecki. He is currently Professor of Macroeconomics at the graduate department of economics, Universidad Nacional Autonoma de Mexico. He has been invited Professor at the Universidad Autonoma de Barcelona. Ecole des Hautes Etudes en Sciences Sociales, Paris and Universidade Federal do Rio de Janeiro.
Michael Assous is currently Assistant Professor of Economics (Maitre de Conferences) at the University of Paris 1 Pantheon-Sorbonne and member of PHARE (Pole d'Histoire et de l'Analyse Economique). His research fields are the history of macroeconomics, business cycle analysis and income distribution.