The macroeconomics of self-fulfilling prophecies
Equilibrium (Economics)
Macroeconomics
Mathematical models
Economics
Economic conditions
BUSINESS & ECONOMICS
Political science
In this book Roger E. A. Farmer takes a somewhat controversial point of view, arguing for the future of macroeconomics as a branch of applied general equilibrium theory. His main theme is that macroeconomics is best viewed as the study of equilibrium environments in which the welfare theorems break …
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