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Money: Cause or Effect? Exogenous or Endogenous?

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Nicholas Kaldor and Mainstream Economics

Abstract

Professor Hahn, a distinguished theorist, has recently written: ‘The most serious challenge that the existence of money poses to the theorist is this: the best developed model of the economy cannot find room for it’ (Hahn, 1981, p. 1).

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References

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Authors
  1. P. Davidson
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Editor information

Editors and Affiliations

  1. New School for Social Research, New York, USA

    Edward J. Nell (Professor of Economics) & Willi Semmler (Associate Professor of Economics) (Professor of Economics) &  (Associate Professor of Economics)

Copyright information

© 1991 Edward J. Nell and Willi Semmler

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Davidson, P. (1991). Money: Cause or Effect? Exogenous or Endogenous?. In: Nell, E.J., Semmler, W. (eds) Nicholas Kaldor and Mainstream Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10947-0_14

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