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In
the long and impressive catalogue of Michal
Kalecki's contributions to economics,
the proportion of writings devoted to
what is now called ''development economics''
is relatively small. Nevertheless, his
work in this area are so full of insight
and sharp analysis that they contain many
of the basic principles that still constitute
the theoretical armoury of the study of
development issues.
This piece has appeared
in the book "Pioneers in Development
Economics: Great Economists on Development",
Edited by Jomo K.S, Zed Books, 2005.
May 19, 2011.
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