"Generally speaking, changes in the prices of finished goods are "cost determined" while changes in the prices of raw materials inclusive of primary foodstuffs are "demand determined"."
Michał Kalecki

January 1, 1970

Quote Details

Added by wikiquote-import-bot
Added on April 10, 2026
Unverified quote
0 likes
Original Language: English

Sources

Chapter 1, Cost and Prices, p. 11

https://en.wikiquote.org/wiki/Micha%C5%82_Kalecki