Expectations, Employment and Prices

Product Description emExpectations, Employment and Prices /embrings Keynesian economics into the 21st century by providing a new paradigm that explains how high unemployment could potentially persist forever without a little help from the government. The book fills in logical gaps that were missing from Keynes' emGeneral Theory of Employment Interest and Money /emby reconciling some of its key ideas with modern economic theory. Central bankers throughout the world are talking now about developing a second instrument of monetary policy in addition to controlling the interest rate. Roger Farmer direct
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