Overview
The concept of rational expectations has played a hugely important role in economics over the years. Dealing with the origins and development of modern approaches to expectations in micro and macroeconomics, this book makes use of primary sources and previously unpublished material from such figures as Hicks, Hawtrey and Hart. The accounts of the 'founding fathers' of the models themselves are also presented here for the first time. The authors trace the development of different approaches to expectations from the likes of Hayek, Morgenstern, and Coase right up to more modern theorists such as Friedman, Patinkin, Phelps and Lucas.
The startling conclusion that there was no 'Rational Expectations Revolution' is articulated, supported and defended with impressive clarity and authority. A necessity for economists across the world, this book will deserve its place upon many an academic bookshelf.
This book title, Economics, Economists and Expectations (From Microfoundations to Macroapplications) - 9780415647328, ISBN: 9780415647328, by William Darity, Robert Leeson, Warren Young, published by Taylor & Francis (September 12, 2012) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.
Unlike Amazon and other retailers who may also offer Economics, Economists and Expectations (From Microfoundations to Macroapplications) - 9780415647328 books on their website, we specialize in large quantities and provide personal service, from trusted, experienced, friendly people in Portland, Oregon. We offer a Price Match Guarantee, and QuickQuote form, to make purchasing quick and easy.
Prefer to work with a human being when you order Economics, Economists and Expectations (From Microfoundations to Macroapplications) - 9780415647328 books in bulk? Our Book Specialists are standing by Monday-Friday 8-5 PST, ready to help!