Titlebook: Richard F. Kahn; Collected Economic E Maria Cristina Marcuzzo,Paolo Paesani Book 2022 The Editor(s) (if applicable) and The Author(s), unde

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Thoughts on the Behaviour of Wages and Monetarisme differentials, trade union conflicts and the crucial role these factors play in determining inflation and unemployment, as compared with the role played by the monetization of the public sector budget deficit.

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Inflation—A Keynesian Views unless unemployment reaches politically unacceptable levels. In this context, the monetarist notion of a natural unemployment rate and the idea that public budget deficits always cause inflation have no solid analytical foundation.

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Book 2022 Cambridge tradition. The essays address issues, including imperfect competition, pricing mechanisms, inflation, unemployment, and the regulation of international trade and finance, that are highly relevant and topical They are addressed from a Keynesian perspective, with the interface between econo

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The Cambridge ‘Circus’ere members of the “Circus”—Kahn played the leading role in orienting Keynes’s thought in certain significant aspects through discussion and debate during the months when the . was taking shape. The question of the role of Kahn and the “Circus” has given rise to very conflicting judgments in the lit

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Some Aspects of the Development of Keynes’s Thoughtabandoned the Quantity Theory of Money in favour of the model set out in the ., where inflation results from the interaction between nominal wages and the level of aggregate demand. The elaboration of this model paved the way to Keynes’s growing awareness that if unemployment ceased to be a serious