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Selected essays from the eminent economist, Wynne Godley, tracing the development of his work and illuminating the key theories and models that made his name. Essays focus not only on the stock-flow coherent approach, but also lay out Godley's views about the European Union and the stability of...
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of Post Keynesian Economics regarding the relationship between endogenous money theory and the liquidity preference … demand, and the ability of the central bank to steer interest rates through varying the stock of money. We show that in a …
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