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Michał Kalecki on Government

1899–1970 Poland

← All quotes by Michał Kalecki

1 quote

In any case of the budget deficit the private sector of the economy receives more from government expenditure than it pays in taxes.

Theory of Economic Dynamics (1965)

Attribution

Quotes and notes from Wikiquote: Michał Kalecki (page history), available under CC BY-SA 4.0.