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The author wishes to thank, without implication, Professor G. C. Archibald, R. W. Clower, C. Lloyd, and particularly Professor W. Jaffé for valuable suggestions.
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Sekine, T.T. Classical monetary theory and the non-optimality theorem. Zeitschr. f. Nationalökonomie 33, 1–24 (1973). https://doi.org/10.1007/BF01283307
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DOI: https://doi.org/10.1007/BF01283307