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Monopolistic Competition and Macroeconomic Theory
Much of today's conventional macroeconomic theory presumes that markets for goods approach the state of perfect competition. Monopolistic Competition and Macroeconomic Theory …
Productivity Growth, Inflation, and Unemployment
The 17 seminal essays by Robert J. Gordon collected here, including three previously unpublished works, offer sharply etched views on the principal topics of macroeconomics - …
Full Employment Regained?
‘Have we given up trying to gain full employment?’ ‘If not, what should we be trying to do about it?’ These are the fundamental questions that James Meade poses, and attempts to …
The Consequences of Economic Rhetoric
The field of economics proves to be a matter of metaphor and storytelling - its mathematics is metaphoric and its policy making is narrative. Economists have begun to realize this …