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A Theory of the Consumption Function
A Theory of the Consumption Function
Author: Milton Friedman
2015 Reprint of 1957Edition. Full Facsimile of the original edition. Not reproduced with Optical Recognition Software. In this book Friedman developed the permanent income hypothesis (PIH). As classical Keynesian consumption theory was unable to explain the constancy of savings rate in the face of rising real incomes in the United States, a...  more »
ISBN-13: 9781614278122
ISBN-10: 1614278121
Publication Date: 4/28/2015
Pages: 258
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Publisher: Martino Fine Books
Book Type: Paperback
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