The Enigma of the Business Cycle
The business cycle was to be the most lasting preoccupation of Michał Kalecki. In equal measure it epitomised the most obvious features of what was wrong with capitalism — instability, unemployment and poverty — and, by reason of its complexity, provided the greatest intellectual challenge to the honest and objective economic researcher.
KeywordsBusiness Cycle Central Bank Capitalist Economy Capital Equipment Business Cycle Theory
Unable to display preview. Download preview PDF.