Kalecki, classical economics and the surplus approachFootnote^∗

^∗ We would like to thank Geoff Harcourt of Cambridge University, Grahame White of Melbourne University, Claudio Sardoni of Rome University and two anonymous referee's for their comments. The paper was presented at the Post-Keynesian Conference at the University of New South Wales in 1989 and we would like to thank the participants for their useful comments.

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