The Importance of Money: Essays in Domestic Macroeconomics, 1949-1999

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H.W. Arndt is one of Australia's leading economists. These essays, written over a period of 50 years, cover a broad range of his highly acclaimed work, from analytical issues in monetary and fiscal theory to political economy. The earlier essays will appeal particularly to those interested in the history of economic thought whilst the most recent essays deal with topical issues such as economic globalization.

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Keyness Theory of Wages
Hickss Trade Cycle Theory
Deliberate Saving and the Consumption Function

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