KALECKI (Michal).

Theory of Economic Dynamics. An Essay on Cyclical and Long-Run Changes in Capitalist Economy.

First edition. 8vo. 178, [2] pp. Original red cloth, spine lettered in gilt, top edge in red, dust jacket (some faint foxing to endpapers, pencilled ownership inscription ‘Spengler’ to front free endpaper, a few isolated instances of pencilled underlings, pencilled annotations to rear free endpaper, contents otherwise quite fresh; the jacket remains notably bright with only a hint of trivial shelf wear to extremities, a near fine copy). London, George Allen and Unwin, 1954.

£250.00

The Polish economist Michal Kalecki is undoubtedly most famous for discovering ‘many of the basic elements of the Keynesian system three years before Keynes published his General Theory, and he went beyond Keynes in embedding those elements in a model that incorporated the phenomena of imperfect competition’ (Blaug).

From the library of the distinguished American demographer and historian of economic thought Joseph J. Spengler (1902-1991), with his pencilled ownership inscription to front free endpaper, pencilled annotations to rear free endpaper, and occasional penciled underling.

Stock No.
245876