United States
Independent
Fiscal performance, corruption, incentives, tax evasion, Ghana
Immigration, welfare state
Keynes's expectations, principle of effective demand, hierarchical expectations, reverse reductionism
macroeconomic analysis, nominal income, inflation, output, G-7 countries
Nominal Aggregate Demand, Price-Output Fluctuations, Keynes’s General Theory, Micro-Foundations, Expectations, Friedman’s Critique, US Stagflation
JEL Codes: B22, D84, E12, E32, E71 Keynesian expectations, principle of effective demand, hierarchical expectations, open-system framework
Keynes's General Theory, Principle of Effective Demand, Extension, Friedman's tautology B22, B40, E12
