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PROSPERITY FOR ALL: AN ASSESSMENT OF THE “FARMERIAN” REMEDIES TO PREVENT FINANCIAL CRISES AND REDUCE UNEMPLOYMENT

Published online by Cambridge University Press:  17 August 2017

Marco Guerrazzi*
Affiliation:
University of Genoa
*
Address correspondence to: Marco Guerrazzi, Department of Economics – DIEC, University of Genoa, via F. Vivaldi n. 5, 16126 Genoa, Italy; e-mail: guerrazzi@economia.unige.it.

Extract

In a recent book, Roger Farmer offers a quick but exhaustive rundown of the research agenda that he drove forward over the last 10 years with the aim to offer a novel microfoundation for Keynesian macroeconomics and—as a by-product—providing practical remedies to prevent financial crises, reduce unemployment, and ensure prosperity for all. In that work, the Farmerian arguments question the conventional visions underlying the Neo-Classical and New Keynesian paradigms and the addressed topics cover relevant theoretical, empirical, and policy issues that have been widely debated after the Great Recession of 2007–2009.

Type
MDY Book Review
Copyright
Copyright © Cambridge University Press 2017 

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References

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