Interest and Capital: The Monetary Economics of Michał Kalecki by Jan Toporowski

Interest and Capital: The Monetary Economics of Michał Kalecki

Jan Toporowski

208 pages missing pub info (editions)

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that is the autonomous determinant of expenditure in the economy. This theory has important implications for the rate of interest, which is not related to the rate of profit, nor to the kind of portfolio adjustments necessary to maintain portfolio...

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