Liquidity, Prices and Growth A Note Prabhat Patnaik Amal Sanyal This note tries to outline briefly a theoretical framework for analysing the interaction between the monetary and the real sectors of an economy like ours. This framework differs both from the Keynesian and the monetarist ones.
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EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.