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evonomics.com | ||
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www.rogerfarmer.com
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| | | | | [AI summary] The text presents an in-depth exploration of macroeconomic theory through the lens of Roger E. A. Farmer's academic work. It delves into the complexities of monetary theory, equilibrium concepts, and the role of central banks. Key themes include the endogeneity of money, the distinction between exogenous and endogenous money, the implications of liquidity traps, and the evolution of monetary policy frameworks. Farmer's perspective emphasizes the importance of general equilibrium theory, the role of banks in creating money, and the need for central banks to consider broader economic dynamics beyond traditional single-agent models. | |
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economicsfromthetopdown.com
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| | | | | Are interest rates a neutral policy variable? Or are they a tool for class warfare? It turns out that the evidence speaks for itself. Here are three ways that higher interest rates redistribute income. | |
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jwmason.org
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blogs.wellesley.edu
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| | | [AI summary] The article discusses the challenges to the U.S. dollar's dominance as the global currency, exploring factors like the Trump administration's policies, the rise of alternative currencies such like the euro and renminbi, and the potential for a multi-currency global financial system. | ||
