Exposes the unrealistic assumptions of the rational expectations and real business cycle approaches and of mainstream finance theory. This title argues that in separating monetary and financial behavior from real behavior, they do not address the ways that consumption, accumulation, and the...
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Exposes the unrealistic assumptions of the rational expectations and real business cycle approaches and of mainstream finance theory. This title argues that in separating monetary and financial behavior from real behavior, they do not address the ways that consumption, accumulation, and the government play in the workings of the economy.
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