By explaining, comparing, and finally combining classical and Keynesian economics, Roger Farmer shows how to design ways of correcting the excesses of free market economies that preserve the best features of capitalism without stifling entrepreneurship.
By explaining, comparing, and finally combining classical and Keynesian economics, Roger Farmer shows how to design ways of correcting the excesses of free market economies that preserve the best features of capitalism without stifling entrepreneurship.
Roger E. A. Farmer is Professor and Chair of the Economics Department at UCLA. The author of six books and numerous journal articles, he is a Research Associate of the National Bureau of Economic Research and of the Centre for Economic Policy Research. He has served as a consultant to the Federal Reserve Bank of Atlanta, the Reserve Bank of Australia, the European Central Bank and the Bank of England. He is a contributor to the Financial Times Economists' Forum and, in 2000, received the University of Helsinki medal in recognition of his work.
Inhaltsangabe
Preface 1. Introduction 2. Classical Economics 3. Keynes and the World Economy 4. Where the Keynesians Lost Their Way 5. The Rational Expectations Revolution 6. How Central Banks Impact Your Life 7. Why Unemployment Persists 8. Why the Stock Market Matters to You 9. Will There be Another Great Depression? 10. Will Monetary and Fiscal Policy Work? 11. How to Solve a Financial Crisis Glossary Notes
Preface 1. Introduction 2. Classical Economics 3. Keynes and the World Economy 4. Where the Keynesians Lost Their Way 5. The Rational Expectations Revolution 6. How Central Banks Impact Your Life 7. Why Unemployment Persists 8. Why the Stock Market Matters to You 9. Will There be Another Great Depression? 10. Will Monetary and Fiscal Policy Work? 11. How to Solve a Financial Crisis Glossary Notes
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