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L. Albert Hahn published the first edition of the 'Economic Theory of Bank Credit' in 1920 and a radically revised … third edition in 1930. 'Economic Theory of Bank Credit' is a clear exposition of a theory of credit and stands in the … tradition of Harley Withers, Henry Macleod, and Knut Wicksell. A theory of credit recognizes that banks are not only …
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