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worthwhile.typepad.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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noahpinionblog.blogspot.com
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| | | | | Over the last three years, a quiet rebellion seems to have sprung up in macroeconomic circles. So far, it's limited to a few whispers, a c... | |
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www.moneyness.ca
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| | | | | Let's not get carried away by the idea that central banks set overnight interest rates. Central banks exercise direct control over the ... | |
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economicsfromthetopdown.com
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| | | I've always been baffled that modern monetary theory is called a 'theory'. Why don't we just call it 'the way money is'? | ||
