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Cambridge Journal of Economics 25:245-261 (2001)
Copyright © 2001 Cambridge Political Economy Society


Article

Review article. Kalecki on imperfect competition, inflation and money

M Sawyer

Leeds University Business School, The University of Leeds, Leeds, LS2 9JT, UK
E-mail: mcs@lubs.leeds.ac.uk

Abstract

This paper reviews the final two volumes of Kalecki's Collected Works. It first discusses, based on the papers in Vol. VI, his contributions on cartels, on Nazi Germany, the development of indices of business fluctuations and of national income accounts, and the movement of prices and costs over the business cycle. Drawing on the papers reproduced in Vol. VII, this paper continues by discussing Kalecki's writings on rationing, inflation, imperfect competition and unemployment, money and finance, the national debt and the welfare state, international economic arrangements, the post-war American economy and econometrics and methodology.

Key Words: Kalecki • imperfect competition • inflation • money


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