An academic colleague has called Lucas "the dominant figure in American macroeconomics." And another refers to this group of 14 essays, nearly all of which were first published during the 1970s, as... This description may be from another edition of this product.
The book includes articles that at this moment have become classical in economic theory. Being written by the leader of new classical economics this book helps one to enter the world of rational expectations macroeconomics.
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