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Milton Friedman's influence on the economics profession has been enormous. In part, his success was due to political …. Friedman's professional triumph is testament to the weak intellectual foundations of the economics profession which accepted … ideas that are conceptually and empirically flawed. His success has taken economics back in a pre-Keynesian direction and …
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Since 2008, the Eurozone has undergone two recessions, which together constitute the Great Recession. The explanation offered here attributes them to contractionary monetary policy. Interpreted in a way consistent with monetarist principles, the New Keynesian model provides the framework for...
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This book covers the development of Economics in Japan from the inter-war period to the 2000s focusing on the … early 2000s. In short, economics in Japan is considered from both a theoretical and a policy-oriented point of view. The … academic and non-academic (practical) Japanese economics and the influence of Marx, Walras, Keynes, Fisher and Cassell. …
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pt. 1. From the inter-war period to the 1970s -- pt. 2. Economics of the lost twenty years in Japan from the 1990s to …
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