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RT @MacroEdge1: Jan Kregel spelled this all out 30+ years ago in "The Multiplier and Liquidity Preference: Two Sides of the Theory of Effec…
RT @MacroEdge1: Jan Kregel spelled this all out 30+ years ago in "The Multiplier and Liquidity Preference: Two Sides of the Theory of Effec…
Jan Kregel spelled this all out 30+ years ago in "The Multiplier and Liquidity Preference: Two Sides of the Theory of Effective Demand. But so called New Keynesian don't read Keynes in the original anymore https://t.co/VXvZbmRrM5