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How the Economy Works: Confidence, Crashes and Self-Fulfilling Prophecies

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A lucid explanation of macroeconomics and how it effects the lives of ordinary people.Presents an innovative new theory by one of the world's top economists.Suggests a new monetary policy for the 21st century intended to prevent future crises.

Author: Farmer Roger
Publisher: OXFORD UNIVERSITY PRESS
Pages: 198
ISBN: 9780199360307
Cover: Paperback
Edition Number: 1
Release Year: 2014

Roger E. A. Farmer is a Distinguished Professor of Economics at UCLA. In 2013, he was the Senior Houblon-Norman Fellow at the Bank of England. He has published numerous scholarly articles in leading academic journals, as well as books that have been translated into Chinese, Italian, Vietnamese and Hungarian. He has previously held positions at the University of Pennsylvania, The European University Institute and the University of Toronto. He is a Fellow of the Econometric Society, Research Associate of the National Bureau of Economic Research, Research Fellow of the Centre for Economic Policy Research, Fellow Commoner of Cambridge University, and Co-Editor of the International Journal of Economic Theory.

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