Nicholas Kaldor

Kaldor, Nicholas 

Born May 12, 1908, in Budapest. British economist.

Beginning in 1932, Kaldor was an instructor at the London School of Economics; later he taught at Cambridge University. After World War II he worked in the Economic Commission for Europe (an agency of the United Nations) and was an economic and financial adviser to a number of Asian, African, and Latin American countries. From 1966 to 1970, Kaldor served as chief adviser to the chancellor of the exchequer in the Labor government in Great Britain. Kaldor has written works on economic growth, employment, and inflation. His models for “balanced growth” are primarily technical and do not reflect the internal contradictions of the capitalist mode of production.

WORKS

Quantitative Aspects of the Full Employment Problem in Britain. [No place] 1944.
Essays in Economic Stability and Growth. London, 1960.
Essays on Value and Distribution. London–Glencoe, 111., 1960.
Essays on Economic Policy, vols. 1–2. New York, 1965.