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Irving Fisher, debt deflation and crises

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The two approaches to money : debt, central banks, and functional finance

Mastromatteo, Giuseppe; Esposito, Lorenzo - 2015

The scientific reassessment of the economic role of the state after the crisis has renewed interest in Abba Lerner’s theory of functional finance (FF). A thorough discussion of this concept is helpful in reconsidering the debate on the nature of money and the origin of the business cycle and...

Persistent link: https://www.econbiz.de/10011392820