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How the Economy Works

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About the Author

Roger E. A. Farmer is Professor of Economics at UCLA. The author of six books and numerous journal articles, he is a contributor to the Financial Times Economists' Forum and a research associate of the National Bureau of Economic Research. In recognition of his work, he received the 2000 University of Helsinki medal.


Readers with a serious interest in this subject will find this timely book informative. * Publishers Weekly * An important policy proposal from a top thinker. Farmer balances the traditions of Hayek and Keynes to formulate a new way to stabilize the economy-and to solidify society's confidence about its future prospects. * Simon Johnson, former chief economist at the International Monetary Fund * This should be essential reading for anyone trying to understand what happened, especially for economists and policymakers focused on recovery.' * Glenn Hubbard, Dean of the Columbia Business School, Columbia University, former Chairman of the Council of Economic Advisers * In the morass of me-too books about financial crisis, 'How the Economy Works' stands out as a truly big idea. * Peter Coy, Bloomberg Business *

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