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Classical vs Keynes: macro through the great debate

One assumption divides two traditions: how fast prices move. Follow it through the interest rate, the role of money, and sticky prices.

1. One Shock, Three Schools — 1. The Macro Lens
2. Why Aggregate Demand Slopes Down — 2. Aggregate Demand and Supply
3. After the Shock — 2. Aggregate Demand and Supply
4. The Market for Saved Funds — 5. Where the Interest Rate Is Decided
5. The Market for Money — 5. Where the Interest Rate Is Decided
6. The Equation of Exchange and Neutrality — 4. Money and Prices
7. Menu Costs: When Prices Won't Move — 6. The Two Faces of Wages, and Unemployment
8. The Paradox of Thrift: When Everyone Saves, No One Does — 3. Spending, the Multiplier, and the Paradox of Thrift