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A Theory of the Consumption Function

in Papers that rewired my brain by Malik Torres

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A Theory of the Consumption Function on “Papers that rewired my brain”, a list by Malik Torres on TheLysts.

Details

Photo
—
Name
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Paper
A Theory of the Consumption Function
Author(s)
Milton Friedman
Field
Macroeconomics
Year
1957
My take
Permanent income hypothesis lowkey explains why I still buy $4 espresso on a student budget. Friedman cooked.

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