Are There Important Differences between Classical and 21st-Centutry Monetary Theories? Did the Keynesian and Monetarist Revolutions Matter?

Name: Work Video:
Duration: 3 min 30 s
Description: It is not generally realized how little changed monetary theory and the theory and practice of monetary policy are from three-quarters of a century ago, when J.M. Keynes wrote the book that many believe marked a great divide.
John H. Wood
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