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"Hahn picks away at the foundations of some recent economic analysis; he points to the absence of any acceptable theory of expectations; to the disturbing fact that even with certainty, and with correct predictions built into the model, shocks to the economic system can still result; to the difficulties and contradictions inherent in the idea of the 'neutrality' of money with respect to 'real' variables; and, most scathingly of all, to the extraordinary character of the monetarist claim that involuntary unemployment not only does not exist but has no useful meaning. These summaries do less than justice to the subtlety and specificity of argument involved, or to the book's engaging... mixture of vigour, cleverness, and elliptical egocentricity." London Review of Books
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