This collection of essays written by one of the founders and chief proponents of rational expectations theory is intended as a supplement for macroeconomics courses. Thomas Sargent applies rational expectations macroeconomics at an informal, non-econometric level to interpret a variety of historical and contemporary issues. Sargent uses inflation as a natural context for applying rational expectations theory. Government efforts to stop currency depreciation, alternative monetary systems and the conflict between monetary and fiscal policies are also explored.
- ISBN10 1299538894
- ISBN13 9781299538894
- Publish Date 1 January 2013 (first published January 1986)
- Publish Status Active
- Out of Print 3 June 2015
- Publish Country US
- Imprint Princeton University Press
- Edition 3rd Revised ed.
- Format eBook
- Language English