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From:
Social Democracy for the 21st Century: A Realist Alternative to the Modern Left
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Relative Price Rigidity and Austrian Economics
https://socialdemocracy21stcentury.blogspot.com/2020/09/relative-price-rigidity-and-austrian.html
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The purpose of this post is to examine and provide a critique of Austrian price theory, and in particular the Austrian denial of relative price rigidity in the real world.
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