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Michał Kalecki

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Michał Kalecki

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Polish economist (1899–1970)

Key facts

Born
( 1899-06-22 ) 22 June 1899, Łódź , Congress Poland
Died
18 April 1970 (1970-04-18) (aged 70), Warsaw , Polish People's Republic
Alma mater
Gdańsk Polytechnic
Influences
François Quesnay , Karl Marx , Knut Wicksell , Mikhail Tugan-Baranovsky , Rosa Luxemburg , Joseph Schumpeter
Discipline
Macroeconomics
School or tradition
Neo-Marxian economics , Post-Keynesian economics
Notable ideas
Business cycle theory, monetary theory, profit equation , theories of mark-up and effective demand

via Wikipedia infobox

Wikidata facts

Instance of
human
Given name
Michał
Gender
male
Citizenship
Poland
Place of birth
Łódź
Place of death
Warsaw
Languages spoken
Polish
Native language
Polish
Image
Michal Kalecki.jpg
Work location
Montreal
Show 7 more facts
date of birth
1899-06-22
date of death
1970-04-17
IPA transcription
ˈmixau̯ kaˈlɛt͡ski
Commons category
Michał Kalecki
name in native language
Michał Kalecki
Sources (4)

via Wikidata · CC0

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Encyclopedic overview

Michał Kalecki ( Polish: [ˈmixaw kaˈlɛt͡skʲi]; 22 June 1899 – 18 April 1970) was a Polish Marxian economist. Over the course of his life, Kalecki worked at the London School of Economics, University of Cambridge, University of Oxford, and Warsaw School of Economics, and was an economic advisor to the governments of Poland, France, Cuba, Israel, Mexico, and India. He also served as the deputy director of the United Nations Economic Department in New York City.

Kalecki has been called "one of the most distinguished economists of the 20th century" and "likely the most original one". It is often claimed that he developed many of the same ideas as John Maynard Keynes before Keynes but remains much less known to the English-speaking world. He offered a synthesis that integrated class analysis of Marxism and the new literature on oligopoly theory, and his work had a significant influence on both the neo-Marxian (Monopoly Capital) and post-Keynesian schools of economic thought. He was one of the first macroeconomists to apply mathematical models and statistical data to economic questions. Being also a political economist and a person of left-wing convictions, Kalecki emphasized the social aspects and consequences of economic policies.

Excerpted from Wikipedia’s “Michał Kalecki” article, available under the CC BY-SA 4.0 licence.