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

£200 · Offered by Maggs Bros Ltd

With the author’s printed compliments slip loosely inserted. A nice association copy, from the library of the British Marxist economist Ron Bellamy (1917-2009) with his neat ownership inscription dated ‘1954’ to the front free endpaper and pencilled marginal annotations throughout. From July 1945 to August 1946, Bellamy was as a researcher at the Oxford University Institute of Statistics where Kalecki worked during the war years from 1939 to 1945. 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).

• Binding: Hardcover

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