The Maintenance of Full Employment after the Transition Period: A Rejoinder to Mr. Woytinsky's Note

The Maintenance of Full Employment after the Transition Period: A Rejoinder to Mr. Woytinsky's Note

Mr. Woytinksy published in the September issue of this Review a note criticising my article "The Maintenance of Full Employment after the Transition Period. A Comparison of the Problem in the United States and the United Kingdom."' I find it necessary to reply to this criticism for tw...

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Veröffentlicht in:The American economic review 1947-06, Vol.37 (3), p.391-397
1. Verfasser: Kalecki, M.
Format: Artikel
Sprache:eng
Schlagworte:
Aggregate income
Aggregate surplus
Average propensity to save
Blacksmithing
Budget deficits
Communications
Economic theory
Employment
Employment statistics
Full employment
Public investments
Studies
United States
War
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Zusammenfassung:Mr. Woytinksy published in the September issue of this Review a note criticising my article "The Maintenance of Full Employment after the Transition Period. A Comparison of the Problem in the United States and the United Kingdom."' I find it necessary to reply to this criticism for two reasons: 1. It is partly based on misrepresentation of my article. 2. It raises certain points of general interest which should be elucidated.
ISSN:0002-8282
1944-7981