This book honors the work of the influential economist Axel
Leijonhufvud. His work in macroeconomics, monetary theory and
European economic history has spurred great discussion over many
years, and the authors of this book comprise some of the very best
economists active today. The broad influence of his work is evident
in the variety of subjects his readers address. The topics range
from Keynesian economics and the economics of high inflation to the
micro-foundations of macroeconomics and economic history. The
reader will find an intriguing compilation of ideas ranging from
bankruptcy and collateral debt, the macroeconomics of broken
promises, interest rate setting, growth patterns of macro models,
innovation history to macroeconomics with intelligent autonomous
agents. Scholars and students of economic history, Keynesian
economics and alternative monetary theory will be delighted with
the work inspired by this influential thinker.
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