000			02047 a2200205 4500
999			_c25815 _d25815
020			_a9780198842118
082			_a339 _bLAS-L
100			_aŁaski, Kazimierz
245			_aLectures in macroeconomics _b: a capitalist economy without unemployment
260			_bOxford University Press _c2019
300			_axxxvi, 192p.
500			_atranslated from Polish by James West
504			_aIncludes bibliographical references and index
520			_aLectures in Macroeconomics: A Capitalist Economy Without Unemployment' provides a systematic account of the principle of aggregate demand based on the work of Polish economist Michal Kalecki, best known as one of the originators of the Keynesian Revolution in macroeconomics.The lectures demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to the unstable nature of investment it is important that the government has a central role in stabilizing the economy.0This English translation of Kazimierz Laski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy, and the obstacles that must be overcome in bringing it to full employment. It introduces the role of money and finance in the contemporary capitalist economy, as well as the central role of the labour market and wages. The analysis is illustrated with statistics and discussion around the evolution of capitalist economies and the rise of economic inequality since the Second World War, culminating in the 2008 crisis and the economic deflation affecting Europe since that crisis. Lectures in Macroeconomics remarks critically upon the neo-classical approach to economics that has brought about slow economic growth, unemployment, and inequality.
650			_aMacroeconomics _vUnemployment _vCapitalist economy
700			_aOsiatyński, Jerzy
700			_aToporowski, Jan
700			_aWest, James tr.
942			_2ddc _cBK