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The book presents a critical examination of economic theory in light of the recent economic crisis, emphasizing the importance of contagion, networks, and trust—elements often overlooked in traditional macroeconomic models. Kirman advocates for a new theoretical framework that integrates these aspects, proposing a more comprehensive understanding of economic dynamics and their impact on crises.
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Complex Economics, Alan P. Kirman
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- Released
- 2011
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- (Paperback)
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