| Name and Link | Type of Resource | Description |
| Michal Kalecki, 1899-1970 Profile at the HET website Available here | Profile | "In his lifetime, Kalecki was one of the unsung heroes of macroeconomics - and a potent lesson in why,
in economics, one should always publish in English. Although Kalecki claimed to have anticipated much of the principles stated in Keynes's General Theory,
his articles (1933, 1935) were published in Polish and French and thus went unrecognized. Attempting to rectify this, Kalecki decided to publish a claim of
precendence to Keynes in a 1936 article... but in Polish again! His work in English, notably on business cycles (1935, 1937, 1939, 1943, 1954), however, introduced him in his own stead and was notable in its advancement of the use of mathematical dynamics in economics. His work also incorporated several Classical and Marxian concepts, relying to a good extent on "class conflict", income distribution and imperfect competition - items which would inspire the Cambridge Keynesians - particularly Robinson, Kaldor and Goodwin - as well as modern American Post Keynesian economics." |
| Kalecki, Michael, ‘Political Aspects of Full Employment’, published in The Political Quarterly in 1943 Online here Also published as chapter from The Political Economy: Readings in the Politics and Economics of American Public Policy by Thomas Ferguson and Joel Rogers. Chapter Online here |
Seminal article | "-". |
| Malcolm Sawyer, Kalecki on the causes of unemployment and policies to achieve full employment, September 2007, Economics Division Leeds University Business School Available here |
Interpretative article | "Kalecki established the lack of effective demand as the major cause of low economic activity and unemployment in the early 1930s. Kalecki’s main writings on the possibilities for the reduction and perhaps elimination of unemployment date to the mid 1940s. This paper outlines his contributions on policies towards unemployment, and evaluates their contemporary relevance. Three major aspects to Kalecki’s writings are drawn upon in this paper. The first relates to the issue of establishing a sufficiently high level of aggregate demand to ensure full employment. Within that he considered the possible roles of, for example, increased investment and consumer expenditure and of government expenditure and taxation. Further, he considered and rejected the various arguments which were raised against the use of fiscal policy and budget deficits. The second, represented in his paper on “Political aspects of full employment” focused on the political obstacles to the long term achievement of full employment. The third, to which little attention has been given, relates to the role of the size of the capital stock in terms of its ability to support full employment of labour and the ways in which the inadequacy of the capital stock has inflationary implications." |
| Robert Rowthorn, The Political Economy of Full Employment in Modern Britain. The Kalecki Memorial Lecture. University of Oxford, 19 October 1999 Available here |
Interpretative article | "This paper is the text of a lecture given at the Oxford University Institute of Statistics to mark the hundredth anniversary of Kalecki’s birth." |