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The Last Disappointment

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Michał Kalecki: An Intellectual Biography

Part of the book series: Palgrave Studies in the History of Economic Thought ((PHET))

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Abstract

The recovery from his heart attack took over three months. He resumed work in March and, in May 1966, received the honour of election to full membership of the Polish Academy of Sciences. He now had a new collaborator, Tadeusz Kowalik, a political economist and historian of economic thought who had studied under Lange, but taking a great interest in the work of Kalecki, and had been responsible for the biographies of Lange and Kalecki in the festschrift volumes honouring the two luminaries.

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Notes

  1. 1.

    See Chap. 11, Note 18. Towards the end of his life, Lange had asked Kowalik whether he thought Kalecki was a Marxist. Kowalik had reassured Lange that indeed Kalecki was (personal communication by Kowalik to this author).

  2. 2.

    Kalecki ‘Płace nominalne i realne’ 1939a (see Chap. 1 above); Kowalik O Ludwiku Krzywickim 1959 and Kowalik Rosa Luxemburg Theory of Accumulation and Imperialism 2014.

  3. 3.

    Kalecki ‘The Problem of Effective Demand with Tugan-Baranovski and Rosa Luxemburg’ 1967a.

  4. 4.

    Ibid.

  5. 5.

    Ibid.

  6. 6.

    Kalecki ‘The Marxian Equations of Reproduction and Modern Economics’ 1968a.

  7. 7.

    Kalecki and Sachs ‘Forms of Foreign Aid’ 1966. See Chap. 12 above.

  8. 8.

    Kalecki ‘The Fascism of Our Times’ 1964g.

  9. 9.

    Kalecki ‘Vietnam and US Big Business’ 1967b.

  10. 10.

    Ibid.

  11. 11.

    Kalecki ‘Trend and the Business Cycle’ 1968b.

  12. 12.

    Ibid. The reference to ‘fallacious’ theories is a reference to Harrod’s growth theory which assumes constant capacity utilisation, and the neo-classical growth theories derived from Solow ‘A contribution to the theory of economic growth’ 1956.

  13. 13.

    Report by D.J. Morgan for George Allen and Unwin dated 23 January 1967, George Allen and Unwin Papers, Kalecki file No.9.

  14. 14.

    Kalecki Introduction to the Theory of Growth in a Socialist Economy 1969b, and Studies in the Theory of Business Cycles 1933–1939 1969a.

  15. 15.

    Kula ‘Between Memory and Historical Enquiry’ 2014.

  16. 16.

    Quoted in Zwrot Solidarność SGPiS, 17.04.1981 in Kalecki Papers PAN III—319/38.

  17. 17.

    Ibid.

  18. 18.

    Osiatyński Collected Works of Michał Kalecki Vol. IV 1993a, pp. 257–258.

  19. 19.

    Kalecki ‘Contribution to the Debate on “The Main Problems of Political Economy and It’s Teaching’ 1968c.

  20. 20.

    Kowalik ‘Michał Kalecki, kim był, jakim go znałem i podziwiałem’ 2006. See also Sadowski ‘Wspomnienie o Profesorze Edwardzie Lipińskim’ (2016).

  21. 21.

    Osiatyński (ed.) Collected Works of Michał Kalecki Volume 1997 p. 604.

  22. 22.

    Ibid.

  23. 23.

    Kalecki ‘Basic Problems in the Theory of the Efficiency of Investment’ 1970b, ‘The Scope of the Evaluation of the Efficiency of Investment in a Socialist Economy’ 1970c.

  24. 24.

    Kalecki ‘Theories of Growth in Different Social Systems’ 1970a.

  25. 25.

    Ibid.

  26. 26.

    Kalecki and Kowalik ‘Observations on the “Crucial Reform”’ 1971.

  27. 27.

    Kalecki ‘Class Struggle and the Distribution of National Income’ 1971.

  28. 28.

    Ibid.

  29. 29.

    Kowalik ‘Michał Kalecki, kim był, jakim go znałem i podziwiałem’ 2006.

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Toporowski, J. (2018). The Last Disappointment. In: Michał Kalecki: An Intellectual Biography. Palgrave Studies in the History of Economic Thought. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-69664-5_14

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