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  • LIQUIDITY PREFERENCE AND MONETARY ECONOMIES
    FERNANDO J. CARDIM DE CARVALHO
    The 2008 international crisis has revived the interest in Keynes’s theories and, in particular, on Minsky’s models of financial fragility. The core proposition of these theories is that money plays an essential role in modern economies, which is usually neglected in other approaches. This is Keynes’s liquidity preference theory, which is also the foundation for Minsky’s model, ...

    $1,360.00