Nicholas Kaldor and Mainstream Economics

Confrontation or Convergence?

  • Edward J. Nell
  • Willi Semmler

Table of contents

  1. Front Matter
    Pages i-9
  2. Nicholas Kaldor: An Overall Evaluation

    1. Front Matter
      Pages 11-11
    2. A. P. Thirlwall
      Pages 13-47
    3. J. K. Galbraith
      Pages 48-49
  3. Methodology and Basic Approach

  4. Saving and Distribution

    1. Front Matter
      Pages 121-121
    2. S. A. Marglin, A. Bhaduri
      Pages 123-163
  5. Money and Macroeconomics

  6. Business Cycles

  7. Theory of Growth

  8. Empirical Evidence on Post-War Growth

  9. Economic Policy and Economic Systems

    1. Front Matter
      Pages 559-559
    2. Edward Nell
      Pages 577-611
  10. Back Matter
    Pages 613-620

About this book


An examination of the role of Nicholas Kaldor within economics. Topics covered range from Kaldor's discovery of the Von Neumann input-output model, to cyclical growth in a Kaldorian model, to Nicholas Kaldor as advocate of commodity reserve currency.


business cycle capital theory economic policy economic system economics equilibrium John Maynard Keynes macroeconomics monetary theory

Editors and affiliations

  • Edward J. Nell
    • 1
  • Willi Semmler
    • 1
  1. 1.New School for Social ResearchNew YorkUSA

Bibliographic information

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Finance, Business & Banking