Affiliation:
1. University of Tennessee (UTK)
Abstract
The article written by the prominent thinker in Post Keynesian economic theory examines the main contribution to macroeconomics made by the group of scientists aimed at resurrecting the forgotten aspects of J. M. Keynes’ legacy. The author considers interrelations between fundamental uncertainty, non-neutrality of money and the role of forward contracts in the economy, thus suggesting an original approach to macroeconomic analysis.
Subject
Economics and Econometrics,Finance
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