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General Book Search for "9783631721452"

General Books
School Books

Author : Kaoru Yamaguchi
Paperback
Published : Friday 30 June 2017
ISBN : 9783631721452
Price : €25.68

Description

This book discusses the shortcomings of the standard macroeconomic model (SMM). The SMM failed to explain the real world and anticipate the global financial crises. The main reason for these failures was the lack, in the SMM, of any role of money and the way the financial sector works.