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Should economists replace Keynesian monetary theory? Why do New economists say traditional Keynesian DSGE IS-LM models need revision if we are to miss another crisis? What new variables, theories or emphasis are incorporated and why?

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Should economists replace Keynesian monetary theory? Why do New economists say traditional Keynesian DSGE IS-LM models need revision if we are to miss another crisis? What new variables, theories or emphasis are incorporated and why?

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