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economics, and is renowned as the progenitor of the "horizontalist" analysis of endogenous money. More recently, he has embraced … macroeconomics of endogenous money -- pt. 4. The macroeconomics of exogenous interest rates -- pt. 5. Unemployment, inflation and the …
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This paper relates Keynes's discussions of money, the state theory of money, financial markets, investors' expectations …
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