Wirtschaftsuniversität Wien Logo Full screen
  • Next image
  • Show double pages
  • Rotate to the left
  • Rotate to the right
  • Reset image to default view
Use the mouse to select the image area you want to share.
Please select which information should be copied to the clipboard by clicking on the link:
  • Link to the viewer page with highlighted frame
  • Link to IIIF image fragment

Brief von Josef Steindl an Jerzy Osiatyński

Bibliographic data

Correspondence

Document type:
Correspondence
Collection:
Josef Steindl Collection
Title:
Brief von Josef Steindl an Jerzy Osiatyński
Author:
Steindl, Josef
Recipient:
Osiatyński, Jerzy
Scope:
Typoskript mit Unterschrift, 1 Blatt, 2 Seiten
Place of publication:
Wien
Year of publication:
1979-07-19
Source material date:
July 19th 1979
Language:
English
Note:
Durchschlag.
Shelfmark:
S/B.59
Rights of use:
All rights reserved
Access:
Free access

Full text

A-1050 Wien Schwarzhorng 10/17 
Jfily 19, 1079- 
Dear Osiatynski, 
T hank you for your letter. I am very glad that you 
find it possible to include my paper on the three versions of 
the trade cycle into the Kalecki volume 2, and I certainly never 
expected anything but the acknowledgements which you propose to make. 
Let re repeat that I was very happy to receive the volume 1 
and that T realise y'U have done a very considerable and successful 
piece of w irk 
f* 
Concerning y>ur p int abut my ambridge paper: If the 
oligip lists sell all their products to the government and the 
government sipply finances the increased price by a budget efiqit 
then y u are certainly right: the utilisation will be unchanged 
and the v lume if profits will be increased ( I think it is by a mere 
slip that ypu state it will be the same) because the increased 
saving due t> the olig p'lists will be compensated by government 
dissaving My only c 'mment is that in practice the oligoplistic sector 
will always sell a great part of its produfet to private customers 
and an incre se in profit margins will therefore reduce the real 
income of the rest of the economy, leading therfo e to a decrease 
in utilisation. Your argument is, then, a qualification to my 
statement, and it is certainly interesting in view of the 
close customer relation of oligopolists and g vernment. 
As to your other argument in relation to section 5 of my 
Trade C ir cle paper, I never denied that Kalecki perfectly well knew 
all this ( the influence of debts or of commitments on ■'■nvestment ), 
but it is n^t included in his strict mathematical ( or formal ) 
formulation of the trade cycle theory - which, incidentally, I did not 
want to criticise at all, because I realise that a trade cycle theory 
ought ti embody only the most important and general elements of 
an explanation. 
It strikes me h wever, that this section 5 of my paper 
leaves something in the dark which may have contributed to your 
misund rstanding The c ntrast between a"marginal" and an "integral" 
formulation in principle applies to b th the financial incentives 
to invest (internal saving - ir degree of indebtedness) and to 
the demand incentives ( increase in demand - or capacity utilisation ).
	        

Cite and reuse

Cite and reuse

Here you will find download options and citation links to the record and current image.

Correspondence

METS MARC XML Dublin Core RIS IIIF manifest Mirador ALTO TEI Full text PDF DFG-Viewer OPAC

Image

PDF ALTO TEI Full text
Download

Image fragment

Link to the viewer page with highlighted frame Link to IIIF image fragment

Citation links

Citation links

Correspondence

To quote this record the following variants are available:
Here you can copy a Goobi viewer own URL:

Image

Here you can copy a Goobi viewer own URL:

Citation recommendation

Steindl, Josef. “Brief Von Josef Steindl an Jerzy Osiatyński.” N.p., 1979-07-19. Print.
Please check the citation before using it.

Image manipulation tools

Tools not available

Share image region

Use the mouse to select the image area you want to share.
Please select which information should be copied to the clipboard by clicking on the link:
  • Link to the viewer page with highlighted frame
  • Link to IIIF image fragment

Cookies