Summary:
03 11 2019 — Lec 07 discussed previous lecture at http://bit.do/azifa, the gold standard and why it was abandoned. History upto Bretton Woods, and also failure of economists to understand key elements of labor market and money supply, as discovered by Keynes. See course website bit.do/az4macro for more details.
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Asad Zaman considers the following as important:
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03 11 2019 — Lec 07 discussed previous lecture at http://bit.do/azifa, the gold standard and why it was abandoned. History upto Bretton Woods, and also failure of economists to understand key elements of labor market and money supply, as discovered by Keynes. See course website bit.do/az4macro for more details.
Topics:
Asad Zaman considers the following as important:
This could be interesting, too:
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