Titlebook: A Critique of Neoclassical Macroeconomics; John Weeks Book 1989 Palgrave Macmillan, a division of Macmillan Publishers Limited 1989 Inflat

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https://doi.org/10.1057/9781137316974e introduction of the real balance effect. Let the purchasing power of money be defined as ., which shall be referred to as .. In this section we shall assume that money is the only form in which people can accumulate and hold wealth. A more general treatment of wealth-holding will be presented in Chapter 7.

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https://doi.org/10.1057/9780230607255s of the various critiques is provided by focusing upon the neutrality of money and full employment. The discussion is more easily followed by first providing a concise summary of the central features of the various models previously considered, found in Table 8.1.

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The Enzymology of Non-bovine Milk,that . achieved its claim of generality by focusing analysis upon a capitalist economy under conditions of less than full employment of resources, this relation, ‘the aggregate production function’ is an anathema, a Trojan Horse which dominates the entire synthesis model and undermines all of Keynes

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