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- W2499277577 abstract "We join the recent chorus of interest concerning the determination of money profits. The Godley and Lavoie, 2007, framework is used. Two regimes are distinguished. Under ‘private banking’, ‘bank profits’ and ‘entrepreneurial profits’ sum to zero. Only government can support aggregate profits. Specifically, we show that the institution of the long-term bond is sufficient to deliver the result." @default.
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- W2499277577 date "2014-06-10" @default.
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- W2499277577 title "The Determination of Profits" @default.
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- W2499277577 doi "https://doi.org/10.1093/acprof:oso/9780198099062.003.0006" @default.
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