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"Widely recognized as one of the greatest economists in history, there has been a surge of interest in the work of John Maynard Keynes since the financial crisis of 2008 with people looking for solutions to rebalance the economy. Presciently, Keynes argued that free markets are unable to fully...
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1. Macroeconomics as Systems Theory: Setting the Stage -- 2. Models of Social Order: Mechanical vs. Creative -- 3. Structures of Production and Properties of Social Order -- 4. Diachronic Action within an Ecology of Plans -- 5. Kaleidic Economies and Internally Generated Change -- 6. Entangled...
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1. "The Realism of Assumptions Does Matter: Why Keynes-Minsky Theory Must Replace Efficient Market Theory as the Guide to Financial Regulation Policy." In The Oxford Handbook of the Political Economy of Financial Crises, Gerald Epstein and Martin Wolfson, eds. New York: Oxford University Press,...
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