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Michal Kalecki Quotes

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An increase in the number of paupers does not broaden the market  (Michal Kalecki Quotes) It should be noticed that the whole approach is in contradiction to generally accepted views  (Michal Kalecki Quotes) We have found that the degree of monopoly is likely to increase somewhat during depressions  (Michal Kalecki Quotes) In a sense the budget deficit can be considered as an artificial export surplus  (Michal Kalecki Quotes) The most important prerequisite for becoming an entrepreneur is the ownership of capital  (Michal Kalecki Quotes) Generally speaking, changes in the prices of finished goods are cost determined while changes in the prices of raw materials inclusive of primary foodstuffs are demand determined  (Michal Kalecki Quotes) In any case of the budget deficit the private sector of the economy receives more from government expenditure than it pays in taxes  (Michal Kalecki Quotes) Armaments and wars, usually financed by budget deficits, are also a source of this kind of profits  (Michal Kalecki Quotes)