Macroeconomic paradoxes with Kalecki and Kaleckians - Archive ouverte HAL Accéder directement au contenu
Chapitre D'ouvrage Année : 2014

Macroeconomic paradoxes with Kalecki and Kaleckians

(1, 2)


Post-Keynesian economics is known for the several paradoxes that it uncovers by taking macroeconomics as something else than some aggre- gated model with micro-foundations. Among these paradoxes is Michal Kalecki’s paradox, which we can define as the claim that higher govern- ment deficits generate larger profits for the capitalists. Kalecki’s paradox can be derived straight from the national accounts, with a couple of simple behavioural assumptions.
Fichier non déposé

Dates et versions

hal-01343653 , version 1 (08-07-2016)



Marc Lavoie. Macroeconomic paradoxes with Kalecki and Kaleckians. R. Bellofiore, E. Karwowski and J. Toporowski. Economic Crisis and Political Economy, Volume 2 of Essays in Honour of Tadeusz Kowalik, Palgrave Macmillan, pp. 198-211, 2014, 978-1-137-33575-3. ⟨10.1057/9781137335753_14⟩. ⟨hal-01343653⟩
169 Consultations
0 Téléchargements



Gmail Facebook Twitter LinkedIn More