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Böcker av Jean-Michel (Centre d'Etudes Prospectives d'Economie Mathematique Appliquees a la Planification) Grandmont

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  • - A Reconsideration of Classical and Neoclassical Monetary Economics
    av Jean-Michel Grandmont
    686,-

    This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, through an automatic adjustment of the price system.

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