Michał Kalecki Quote

Thus, even with relatively heavy damping such shocks generate fairly regular cycles.
The result is of considerable importance.


Chapter 13, The Business Cycle and Shocks, p. 142 - Theory of Economic Dynamics (1965)


Thus, even with relatively heavy damping such shocks generate fairly regular cycles. The result is of considerable importance.

Thus, even with relatively heavy damping such shocks generate fairly regular cycles. The result is of considerable importance.

Thus, even with relatively heavy damping such shocks generate fairly regular cycles. The result is of considerable importance.

Thus, even with relatively heavy damping such shocks generate fairly regular cycles. The result is of considerable importance.