Michał Kalecki Quote

In any case of the budget deficit the private sector of the economy receives more from government expenditure than it pays in taxes.


Chapter 3, The Determinants of Profits, p. 51 - Theory of Economic Dynamics (1965)


In any case of the budget deficit the private sector of the economy receives more from government expenditure than it pays in taxes.

In any case of the budget deficit the private sector of the economy receives more from government expenditure than it pays in taxes.

In any case of the budget deficit the private sector of the economy receives more from government expenditure than it pays in taxes.

In any case of the budget deficit the private sector of the economy receives more from government expenditure than it pays in taxes.