The Great Recession: Market Failure or Policy Failure? by Robert L. Hetzel

The Great Recession: Market Failure or Policy Failure?

Studies in Macroeconomic History

Robert L. Hetzel

400 pages • first pub 2012 (editions)

economics challenging informative slow-paced
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Since publication of Robert L. 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, r...

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