Rethinking Time and Money at the Beginning of the 21st Century
The renaissance of capital-based macroeconomics belongs to the most significant scholarly developments within the field of macroeconomics in recent times. This paper was a contribution to the special 2001 symposium devoted to a critical evaluation and analysis of the recent revival of capital-based macroeconomics and capital-based business cycle theory, as exemplified by R. W. Garrison´s book, TIME AND MONEY: THE MACROECONOMICS OF CAPITAL STRUCTURE (New York: Routledge, 2001).
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