Not all contrarians are the same
Debunking Economics - the podcast
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What's the Post Cangian School?
The post cansian approach to economics partly subsumes modern monetary theory as well. It was, of course, first of all, canes's general theory during the great depression. What got adopted was hicks's variation on canes, which said that a investment can be controlled by the rate of interest. But what he left out of the thinking was kane's argument that investment depends upon o expectations of profit. And expectations are far more important in an uncertain world.
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