Michal Kalecki : an intellectual biography. Volume I, Rendezvous in Cambridge, 1899-1939

"The Polish economist Michal Kalecki (1899-1970) was one of the architects of the Keynesian Revolution in economic theory and policy who came to England soon after the publication of Keynes's General Theory. Jan Toporowski's intellectual biography of Kalecki brings to the general reader, as well as professional economists, an explanation of the key ideas of Kalecki and how these differed from the theories of John Maynard Keynes. The book contains a wealth of new material on Kalecki and Keynes's circle in Cambridge, their shared ideas and disagreements. Kalecki's discussions of the business cycle, the New Deal, and the respective economic policies of the Popular Front in France, Nazi Germany and inter-War Poland, changed the Economics of the twentieth century. Jan Toporowski's lively and accessible discussion of Kalecki's intellectual development casts important new light on Economics and economic policy in a time of instability and financial crisis"-- Provided by publisher Cover 1 Half-Title 2 Title 4 Copyright 5 Dedication 6 Contents 8 Preface and Acknowledgements 9 1 Early Years 14 2 In the Crucible of the Revolution 18 3 Economic Journalism 30 4 To Warsaw 39 5 At the Institute 46 6 The Socialist Discussions 56 7 The Enigma of the Business Cycle 68 8 Sweden 82 9 London 93 10 From London to Cambridge 105 11 Seeking Work Again 116 12 The First Synthesis of Theory 129 13 Kalecki and His Myrmidons 138 14 Shared Ideas amid Mutual Incomprehension 151 Notes 165 Bibliography 182 Index 192 This volume of intellectual biography takes the Polish economist Micha Kalecki (1899-1970) from the shattering of his prosperous childhood, in Tsarist Łódź in the 1905 Revolution, to Cambridge and the failure of his co-operative research with John Maynard Keynes's supporters in Cambridge.