Progress and Profit

  • Jan Toporowski
Part of the Palgrave Studies in the History of Economic Thought book series (PHET)


Kalecki’s statistical investigations did not distract him from his attempts to explain his theories more clearly after his set-backs in Cambridge. But in a profession which increasingly aspired to mathematical precision and took for granted the reliability of statistics, his method of bold approximations occasionally followed by consideration of complicating factors was ill attuned to readers who took received theory as the starting points for enriching, even occasionally modifying that theory, and who therefore had difficulty in placing themselves at the starting point of Kalecki’s analysis.

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© The Author(s) 2018

Authors and Affiliations

  • Jan Toporowski
    • 1
  1. 1.Economics DepartmentSOAS University of LondonLondonUK

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