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Reviewers and students generally highlight the book's uniqueness and its pedagogical depth: Depth and Rigor : While some Reddit community discussions
Mitchell also argues that mainstream macroeconomics has been influenced by a flawed understanding of the nature of money and the banking system. He contends that the banking system is not simply an intermediary between savers and borrowers but rather a creator of credit and money.
Macroeconomics uses various theoretical frameworks to analyze economic phenomena. Some of the key frameworks include: