Economics, Econometrics and Finance
8 years ago

New Macrostructural Insights Challenge Traditional Economic Theories and Practices

Reconstructing Macroeconomics: Structuralist Proposals and Critiques of the Mainstream
Lance Taylor

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The article discusses different theories in economics, focusing on how social accounts, prices, money, interest, and inflation impact the economy. It also looks at effective demand, growth models, and mainstream finance theories. The researchers analyze these concepts to understand how they affect the distribution of wealth and economic growth.