J.E King

English

Research Papers in Economics

12 For the politics, both academic and international, behind this refusal see Thirlwall

3 The theorem was first published in Danish in 1941, by J. Gelting; its first English appearance was in a 1945 paper by T. Haavelmo, with ‘an important early contribution’ having been made in the previous year by H. Wallich (Peston

5 Kaldor wrote two articles, which were published anonymously on successive days (Kaldor 1943c, 1943d). His authorship has been established by Targetti

6 Kaldor further amends the numbers by assuming an increase in exports and imposing the requirement that there must be no balance of payments deficit, but this adds nothing important to the argument (Kaldor 1944a.,

7 This was later emphasized by James Meade

8 Two decades later Kaldor oversaw the introduction of a Selective Employment Tax to achieve precisely this end (Thirlwall

9 The formula is r < g, where r is the real rate of interest and g is the rate of growth of output (Burger

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KALDOR’S WAR

http://www.buseco.monash.edu.au/eco/research/papers/2007/2507kaldorsking.pdf

KALDOR’S WAR

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Research Papers in Economics