Lectures in Macroeconomics: A Capitalist Economy Without Unemployment free ebook download.

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Lectures in Macroeconomics: A Capitalist Economy Without Unemployment free ebook download

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Author(s):	Kazimierz Laski

Date:	2021	Format:	pdf	Language:	English	ISBN/ASIN:	0198842112
Pages:	240	OCR:		Quality:		ISBN13:
Uploader:	topron	Upload Date:	2/11/2022 8:09:07 AM

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Lectures in Macroeconomics: A Capitalist Economy Without Unemployment provides a systematic account of the principle of aggregate demand based on the work of Polish economist Micha Kalecki, best known as one of the originators of the Keynesian Revolution in macroeconomics.The lectures
demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to the unstable nature of investment it is important that the government has a central role in
stabilizing the economy.

This English translation of Kazimierz aski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy, and the obstacles that must be overcome in bringing it to full employment. It introduces the role of money and finance in the contemporary
capitalist economy, as well as the central role of the labour market and wages. The analysis is illustrated with statistics and discussion around the evolution of capitalist economies and the rise of economic inequality since the Second World War, culminating in the 2008 crisis and the economic
deflation affecting Europe since that crisis. remarks critically upon the neo-classical approach to economics that has brought about slow economic growth, unemployment, and inequality.
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