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Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and q-Ratios C_TBX and include critical commentary onThis book integrates Keynes' observations about the q theory into a coherent theory of replacement investment. It demonstrates why, in the absence of a significant post war depression, business was relieved of the need to replace obsolete capital goods, leading to a period of prolonged stagnation.
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