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conformity with Keynes s own analysis. Moreover, the eclectic approach to behavioral foundations allows models in this tradition …
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The Global Crisis demonstrated to the world that Ratings Agencies had misled the public about the stability of financial institutions. The Finance literature had decided that it was impossible to have bubbles in financial markets and any surge in the stock market would be self-correcting. Recent...
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Keynes’s revolutionary ideas exposed in the General Theory have been "lost in translation". This brief note is an attempt to … reconcile Pernecky and Wojick’s claim that Keynes’s new economics of the General Theory and Walrasian General Equilibrium are …’s appraisal of Keynes’s paradigm as a better approximation to the ‘real world’ than Walsrasian General Equilibrium is inconsistent …
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Keynes’s revolutionary ideas exposed in the General Theory have been ‘lost in translation’. This brief note is an attempt to … reconcile Pernecky and Wojick’s claim that Keynes’s new economics of the General Theory and Walrasian General Equilibrium are …’s appraisal of Keynes’s paradigm as a better approximation to the ‘real world’ than Walsrasian General Equilibrum is inconsistent …
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