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efficient were introduced later in India following the macroeconomic crisis in 1991. However, whether the post-1991 growth is an …
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After the publication of Keynes' "General Theory," economics was frequently described as schizophrenia: (neo-) classical at the micro-level, but Keynesian at the macro-level. In actuality, Keynes' revolution was, to a substantial part, based on the behavioral micro-foundations of the world we...
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