Macroeconomic paradoxes with Kalecki and Kaleckians

Marc Lavoie

Macroeconomic paradoxes with Kalecki and Kaleckians

Marc Lavoie ^{1, 2}

1 CEPN - Centre d'Economie de l'Université Paris Nord

2 uOttawa - University of Ottawa [Ottawa]

Abstract : 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.

Type de document :

Chapitre d'ouvrage

Domaine :

Sciences de l'Homme et Société / Economies et finances

Liste complète des métadonnées

https://hal-univ-paris13.archives-ouvertes.fr/hal-01343653
Contributeur : Pascal Seppecher <>
Soumis le : vendredi 8 juillet 2016 - 22:35:24
Dernière modification le : jeudi 18 juillet 2019 - 01:45:19

Macroeconomic paradoxes with Kalecki and Kaleckians

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