Full text: Brief von Michał Kalecki an Josef Steindl

Al. I. Armii W.P, 11 ra, 26 
Warsaw, 6 February, 67 
I am very grateful Indeed for your comments on 
ray paper. I am also Sorry that I made the reading of the 
paper more difficult hy the error on page 12, where I 
/ y > 
intended to put down the inequality 'V 1 - m —- r >0 
rather than <1. However, your query as to page 15 is simply 
answered hy the inequality 1 
1 + 
1 - a 
mentioned at the top of that page. / As I see that it was 
easy to miss ?t I am displaying it now more prominently /, 
I have rep\Vdsed now page 21 as to make clear that I compare 
my theory with such theories that assume a priori a constant 
degree of utilisation of equipment. 
I have in the meantime developed somewhat the 
argument on the transfer of profits from old to new equipment. 
I shall try to publish the paper in the Economic Journal but 
they may not accept it because I already published there once 
a piece on a similar subject. In this case I shall send it to 
the Review of Economic Studies. 
I received some cutt|rflngs from the Europo. - Verlag 
on the German tr slation of my book. There is only one/from 
die Weltwoche Zutrich/ that goes into the substance and this 
is fairly negative. I enclose it as an interesting material 
for the reflection on our profession / compare especially 
the two sentences I marked /. 
I am very well and I have fully resumed my lectures 
and seminars. Right now I enjoy fortnightly vacation. 
How are you getting on ? You may tell that in detail 
Sachs who takes with him this letter. 
With best regards from myself and Ada 

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.