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Throughoutmost of American history, main reliance for Increasing
productivityhas beenplacedon the workings ofcompetitive markets
In our predominantly free, private enterprise economy. The logic is
...
MONETARY EQUILIBRIUM AND THE PRODUCTIVITY NORM OF PRICE-LEVEL POLICY
MONETARY EQUILIBRIUM PRODUCTIVITY NORM PRICE-LEVEL POLICY
2008/11/27
To a simple fellow like myself it seems that the lower prices which
increased production makes possible would benefit everybody, but
I recognize there must be a flaw in my thinking, for increased
p...