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Money, Interest, and the Structure of Production argues that what modern economic theory lacks is a solid... Læs mere
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This book demonstrates how a successful theory of the firm can be presented without flawed notions of a neoclassical framework and used to comprehend actual business history.
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This book builds upon a long-accepted tradition of quantity theory of money in explaining long run inflation levels. It elucidates how and why – despite its important limitations – the theory can be applied throughout history, including the 2022 spikes in inflation.