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Peregrinations of an Economist and the Choice of
My Work on International Monetary Problems
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academic Adelman adjustment aggregate approach argument assets balance of payments behaviour Calculus of Consent capital career central bank changes choice classical unemployment commodity concept cost course curves debt deficit developing countries discussion domestic money drive to technological econometric economic analysis economic growth economic theory economists effects elasticities equilibrium essay exchange rates exports Finance firms fixed exchange rates foreign exchange Fritz Machlup German gold graduate ideas important income increase industrial inflation Institute intellectual interest Irma issues Keynesian Kuznets labour later lectures Lionel Robbins Machlup macroeconomic mathematical ment money stock natural monopoly organised output paper perfect competition political position Princeton production Professor programme published R.A. Fisher rational expectations relative relevant reserves role Romania Schumpeter sectors seminar social statistical structure take-off teaching technological maturity theoretical tion trade balance unemployment United University variables World Bank