Jan Toporowski

Jan Toporowski

Visiting Professor of Economics

King's College London, Department of International Development

Biography

Jan Toporowski is a Visiting Professor of Economics in the Department of International Development at King's College London. He recently retired from the position of Professor of Economics and Finance at SOAS University of London, where he taught for many years.

His research is concentrated on monetary theory and policy, finance, macroeconomics and development economics. He is literary executor to the economist Michał Kalecki (1899-1970) and a member of the Council of the Progressive Economy Forum. Jan has published two volumes of biography of Michał Kalecki and over 350 books, articles and papers on economics and finance.

Before becoming an academic, he worked in fund management and international banking. He has been a consultant for the United Nations Development Programme, the United Nations Conference on Trade and Development, the UN Economic Commission for Africa and the Economist Intelligence Unit.

Jan has held visiting positions at the University of Cambridge and the Bank of Finland. He has taught at Meiji University, Tokyo, the University of Bergamo, Italy, and International University College in Turin. He studied economics at Birkbeck College, University of London, and the University of Birmingham, UK.

Publications

Interest and Capital: The Monetary Economics of Michał Kalecki

Jan Toporowski (2022) - Oxford University Press

Comprehensive examination of Kalecki's monetary economics, revealing his sophisticated understanding of interest rates, capital formation, and financial markets. Shows how Kalecki's insights remain relevant for contemporary monetary and financial theory.

Macrofinancial Modeling Balance Sheet Relations

What Keynes learned from Kalecki: a brief introduction to the fiscal theory of debt management

Jan Toporowski (2022) - In: Monetary Economics, Banking and Policy, Routledge, 90-102

Explores the intellectual relationship between Keynes and Kalecki, particularly regarding fiscal policy and debt management. Demonstrates how Kalecki's insights influenced Keynesian thinking about the role of government finance in economic stabilization.

Monetary Hierarchy Balance Sheet Relations

Anwar Shaikh and the classical theory of interest: a critical note

Jan Toporowski (2020) - Cambridge Journal of Economics, 44(2), 465-474

Critical examination of Anwar Shaikh's approach to interest rate theory within the classical framework. Evaluates the theoretical foundations and implications of Shaikh's contribution to understanding interest rates in capitalist economies.

Macrofinancial Modeling