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Kalecki Quotes

Quotes tagged as "kalecki" Showing 1-1 of 1
Joan Robinson
“In some ways the most striking novelty in Keynesian doctrine was that
(abstracting from effects on foreign trade) an all-round reduction in
wages would not reduce unemployment and (introducing Kalecki鈥檚
elaboration) would actually be likely to increase it. [p. 129]”
Joan Robinson, Economic Philosophy