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Shaking the Invisible Hand – Complexity, Endogenous Money and Exogenous Interest Rates

Shaking the Invisible Hand
B. Moore
Palgrave Macmillan UK, 2006
Level: advanced
Perspective: Post-Keynesian Economics
Topic: Macroeconomics, Money & Debt
page count: 556 pages
ISBN: 9781349547876

Blurb

This book makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics. It provides a brief introduction to complex systems, chaos theory and unit roots. The importance and implications of contingency for economic behaviour are developed.

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