Robert L Hetzel: 1 book

Book cover of The Great Recession

The Great Recession

Market Failure or Policy Failure?

by Robert L. Hetzel
Language: English
Release Date: April 16, 2012

Since publication of Hetzel's The Monetary Policy of the Federal Reserve (Cambridge University Press, 2008), the intellectual consensus that had characterized macroeconomics has disappeared. That consensus emphasized efficient markets, rational expectations and the efficacy of the price system in...
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