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In this paper I critically evaluate two different approaches to teaching macroeconomics at the undergraduate level through the comparison of two popular, recent handbooks: Olivier Blanchard’s Macroeconomics 
(2021) and William Mitchell, Randall Wray and Martin Watts’s 
Macroeconomics (2019). These textbooks are taken as benchmarks of two opposite views of the discipline: the cumulative as opposed to the competitive view.

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