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The book tells the often overlooked story of important work in macroeconomics pre-dating John Maynard Keynes. Students will see how Keynes borrowed from and developed this earlier work, and how macroeconomics went on to develop into a distinct discipline. It provides a broad range of perspectives and traditions, most notably the monetarist approach and the Austrian school of macroeconomic thinking.
This book is designed to be used with Macroeconomics: The Monetary Foundations of the Macroeconomy, Volume 1.