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This book assesses major schools of thought in macroeconomic theory between the Great Depression and the Long Recession, focusing on their analysis of cycles, crises and macro-policy. It explores the road from the dominance of Keynesian ideas to those of New Classical Macroeconomics (NCM) toward...
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prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of …
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