Abstract
Joan Robinson and Michał Kalecki were two of the intellectual giants of twentieth-century economics, and their contributions over a significant range of issues have had major impacts, particularly on heterodox economics. This chapter examines the significant communications between them, concentrating on the major cross-influences which were apparent from their first meeting.
We have chosen to write on Michał Kalecki’s influence on Joan Robinson for two main reasons. First, Malcolm has made many important contributions to our understanding of Kalecki’s contributions and of the theory of the firm. Secondly, both of us much admire and have been greatly influenced by Kalecki and Joan Robinson. Sadly, while we both knew Joan Robinson, neither of us ever met Kalecki — every time he was in Cambridge in the postwar period, GCH was in Australia and PK was either not born or also was in Australia. Finally, may we say how much we admire Malcolm’s many contributions to post-Keynesian economics, in both his writing and teaching, and how much we value his long-sustained friendship and support? It is a privilege to contribute to this collection of essays in his honour.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Crotty, J. (1980) ‘Post-Keynesian theory: an overview and evaluation’ American Economic Review, Papers and Proceedings, 70, 20–5.
Goodwin, R.M. (1967) ‘A growth cycle’, in C.H. Feinstein (ed.), Socialism, Capitalism and Economic Growth. Cambridge: Cambridge University Press.
Harcourt G.C. (1994) ‘Kahn and Keynes and the making of The General Theory’ reprinted in Harcourt 1995, 47–62.
Harcourt G.C. (1995) Capitalism, Socialism and Post-Keynesianism: Selected Essays of G. C. Harcourt, Aldershot: Edward Elgar.
Harcourt, G.C. (2006) The Structure of Post-Keynesian Economics: The Core Contributions of the Pioneers, Cambridge: Cambridge University Press.
Harcourt, G.C. and Kerr, P. (2009) Joan Robinson, Basingstoke: Palgrave Macmillan.
Kahn, R. (1959) ‘Exercises in the analysis of growth’ reprinted in Kahn 1972, 192–207.
Kahn, R. (1972) Selected Essays on Employment and Growth, Cambridge: Cambridge University Press.
Kahn, R. (1984) The Making of Keynes’ General Theory, Cambridge: Cambridge University Press.
Kalecki, M. (1939) ‘Money and real wages’, reprinted in Osiatynski 1991, 21–50.
Kalecki, M. (1943) ‘Political aspects of full employment’, reprinted in Osiatynski 1990, 347–56.
Kalecki, M. (1944) ‘Three ways to full employment’, reprinted in Osiatynski 1990, 357–76.
Kalecki, M. (1962) ‘Observations on the theory of growth’, reprinted in Osiatynski 1991, 411–34.
Kalecki, M. (1968a) ‘Trend and the business cycle’, reprinted in Osiatynski 1991, 435–50.
Kalecki, M. (1968b) ‘The Marxian equations of reproduction and modern economics’ reprinted in Osiatynski 1991, 459–67.
Kalecki, M. (1971) Selected Essays on the Dynamics of the Capitalist Economy, Cambridge: Cambridge University Press.
Kerr, P. and Milgate, M. (1980) Collected Economic Papers, Joan Robinson 1933–1970: General Index, Oxford: Basil Blackwell.
Keynes, J.M. (1930) A Treatise on Money, Collected Writings, Vols. V, VI, London: Macmillan, 1971.
Keynes, J.M. (1936) The General Theory of Employment, Interest and Money, Collected Writings Vol. VII, London: Macmillan, 1973.
Kriesler, P. (1996) ‘Microfoundations: a Kaleckian perspective’, in J. King (ed.), An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics, Boston, MA: Kluwer, pp. 55–72.
Kriesler, P. (1997), ‘Keynes, Kalecki and The General Theory’, in G.C. Harcourt and P. A. Riach (eds), A ‘Second Edition’ of The General Theory, Vol. 2, London: Routledge, pp. 300–22.
Lerner, A. (1944) The Economics of Control: Principles of Welfare Economics, London: Macmillan.
Nevile, J. and Kriesler, P. (2011) ‘Dynamic Keynesian economics: cycling forward with Harrod and Kalecki’, Cambridge Journal of Economics.
Osiatynski, J. (ed.) (1990) Collected Works of Michal Kalecki, Volume I. Capitalism: Business Cycles and Full Employment Oxford: Clarendon Press.
Osiatynski, J. (ed.) (1991) Collected Works of Michal Kalecki, Volume II. Capitalism: Economic Dynamics Oxford: Clarendon Press.
Robinson, J. (1933a) ‘The theory of money and the analysis of output’, reprinted in Robinson 1951, 52–8.
Robinson, J. (1933b) ‘A parable of savings and investment’, Economica, 13, 75–85.
Robinson, J. (1933c) The Economics of Imperfect Competition, London: Macmillan, 2nd edn, 1969.
Robinson, J. (1937a) Introduction to the Theory of Employment, London: Macmillan, 2nd edn, 1969.
Robinson, J. (1937b) Essays in the Theory of Employment, Oxford: Basil Blackwell, 2nd edn, 1942.
Robinson, J. (1942) An Essay on Marxian Economics, London: Macmillan 2nd edn, 1966.
Robinson, J. (1951) Collected Economic Papers, Volume I, Oxford: Basil Blackwell.
Robinson, J. (1952) The Rate of Interest and Other Essays, London, Macmillan, 2nd edn, 1975, The Generalisation of The General Theory and Other Essays.
Robinson, J. (1955) ‘Marx, Marshall and Keynes’, reprinted in Robinson 1960, 1–17.
Robinson, J. (1956) The Accumulation of Capital, London, Macmillan 2nd edn, 1965; 3rd edn, 1969.
Robinson, J. (1960) Collected Economic Papers, Volume II, Oxford: Basil Blackwell.
Robinson, J. (1962) Essays in the Theory of Economic Growth London: Macmillan.
Robinson, J. (1964) ‘Kalecki and Keynes’ reprinted in Robinson 1965, 92–102.
Robinson, J. (1965) Collected Economic Papers, Volume III, Oxford: Basil Blackwell.
Robinson, J. (1971) ‘Michal Kalecki’, reprinted in Robinson 1973, 87–91.
Robinson, J. (1971a) ‘The second crisis of economic theory’, reprinted in Robinson 1973, 92–105.
Robinson, J. (1973) Collected Economic Papers, Volume IV, Oxford: Basil Blackwell.
Robinson, J. (1977) ‘Michal Kalecki’, reprinted in Robinson 1979, 184–96.
Robinson, J. (1977a) ‘What are the questions?’, reprinted in Robinson 1979, 1–31.
Robinson, J. (1979) Collected Economic Papers, Volume V, Oxford: Basil Blackwell.
Sawyer, M. (1985) The Economics of Michal Kalecki, London: Macmillan.
Steindl, J. (1981) ‘A personal portrait of Michal Kalecki’, Journal of Post Keynesian Economics, vol. 3, 590–6.
Targetti, F. and Kinda-Hass, B (1982) ‘Kalecki’s review of Keynes’ General Theory’, Australian Economic Papers, 21, 244–60.
Editor information
Editors and Affiliations
Copyright information
© 2011 G.C. Harcourt and Peter Kriesler
About this chapter
Cite this chapter
Harcourt, G.C., Kriesler, P. (2011). The Influence of Michał Kalecki on Joan Robinson’s Approach to Economics. In: Arestis, P. (eds) Microeconomics, Macroeconomics and Economic Policy. Palgrave Macmillan, London. https://doi.org/10.1057/9780230313750_9
Download citation
DOI: https://doi.org/10.1057/9780230313750_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33137-6
Online ISBN: 978-0-230-31375-0
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)