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Titlebook: Issues in Contemporary Macroeconomics and Distribution; George R. Feiwel (Alumni Distinguished Service Pro Book 1985 George R. Feiwel 1985

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Quo Vadis Macroeconomics? Issues, Tensions and Challenges economy as a more or less self-propelled and self-regulating mechanism, where a tendency to establish full employment prevails. The flexibility of wages, prices, and interest rates ensures the operation of the mechanism. In such a system lapses from full employment are transitory and disequilibria
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The Theory of Normal Prices and Reconstruction of Economic Theoryfluence on teaching in the English-speaking world. There were many disputed points within the Marshallian canon, such as the meaning of the ‘representative firm’, but other schools — Walras, Pareto, the Austrians — were dismissed in footnotes. We used to say in Cambridge: ‘Everything is in Marshall’
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The New Classical Economics—A Game-theoretic Critique conducted in such terms as rational agents, equilibrium strategies, information structures and agent-government interactions. None the less, in any analytic treatment of an applied problem, neither the sophistication of problem formulation, nor the rigour of reasoning is sufficient to validate the
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