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Heterodox Economists, Part 1: Michal Kalecki

Ones and Tooze

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Contrasting Economic Theories: Kalecki vs. Keynes

This chapter contrasts the economic theories of two influential economists, one from a Marxist perspective and the other from a liberal viewpoint. It examines their differing approaches to aggregate demand and the implications for the working-class experience of poverty, set against their historical and personal contexts.

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