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Post Keynesian Economics: Debt, Distribution, and the MacRo Economy
Post Keynesian Economics Debt Distribution and the MacRo Economy Author:Thomas I. Palley This work provides a statement of post-Keynesian macroeconomic theory, focusing on the significance of privately created inside debts and income distribution for the determination of economic activity. It highlights the coherence of post-Keynesian macroeconomics, and analyzes its distinctive differences from conventional macroeconomic theory.