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Persistent link: https://www.econbiz.de/10011385919
This book reconstructs Keynesian macroeconomics so that it is compatible with the neoclassical dynamic microeconomic theory. This theory adopts three postulates: rational expectations, perfect price flexibility, and exclusion of the money in utility function (MIU). Based on the new theoretical...
Persistent link: https://www.econbiz.de/10012402033