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Incorporating the Rentier Sectors Into a Financial Model

Michael Hudson and Dirk Bezemer • September 12, 2012

• 5,600 Words • Leave a Comment

As published in the World Economic Association’s World Economic Review Vol #1. ABSTRACT Current macroeconomics ignores the roles that rent, debt and the financial sector play in shaping our economy. We discuss the Classical view on rents and policy responses to the rentier sector in the 19th century. The finance, insurance & real estate sector... Read More

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