Reinterpreting the Keynesian Revolution by Cord Robert;

Author:Cord, Robert;
Language: eng
Format: epub
ISBN: 1097801
Publisher: Taylor & Francis Group

Eventually, realising his ineffectiveness and frustrated by major disagreements over investment policy with Ladislaw Gomulka, head of the ruling Polish United Workers’ Party, Kalecki resigned from the Commission in 1961. In the years following these events, Kalecki made a successful return to academic life at the Polish Academy of Sciences. Once again, he became a leading light, this time in the Department of Economics, and was a key force behind the establishment in 1962 of the Centre of Research on Underdeveloped Economies (CRUE), of which he was chairman. However, the revolutionary contributions that Kalecki had made to macroeconomics three decades previously had long been eclipsed by the Keynesian Revolution.

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