Roger E. A. Farmer is a Distinguished Professor of Economics at UCLA. In 2013, he was the Senior Houblon-Norman Fellow at the Bank of England. He has published numerous scholarly articles in leading academic journals, as well as books that have been translated into Chinese, Italian, Vietnamese and Hungarian. He has previously held positions at the University of Pennsylvania, The European University Institute and the University of Toronto. He is a Fellow of the Econometric Society, Research Associate of the National Bureau of Economic Research, Research Fellow of the Centre for Economic Policy Research, Fellow Commoner of Cambridge University, and Co-Editor of the International Journal of Economic Theory.

This book will certainly spark a debate that policymakers, academics and informed citizens cannot ignore.

• Chapter 1: Prosperity for AllChapter 2: Keynes BetrayedChapter 3: The Demise of the Natural Rate HypothesisChapter 4: Let's Stop Pretending that Unemployment is VoluntaryChapter 5: Five Problems with New Keynesian EconomicsChapter 6: Why Unemployment PersistsChapter 7: Wall Street and Main Street Chapter 8: The New Keynesian Model ExplainedChapter 9: The Farmer Monetary Model ExplainedChapter 10: Keynesian Economics without the Consumption FunctionChapter 11: How to Prevent Financial Crises

Roger E. A. Farmer is a Distinguished Professor of Economics at UCLA. In 2013, he was the Senior Houblon-Norman Fellow at the Bank of England. He has published numerous scholarly articles in leading academic journals, as well as books that have been translated into Chinese, Italian, Vietnamese and Hungarian. He has previously held positions at the University of Pennsylvania, The European University Institute and the University of Toronto. He is a Fellow of the Econometric Society, Research Associate of the National Bureau of Economic Research, Research Fellow of the Centre for Economic Policy Research, Fellow Commoner of Cambridge University, and Co-Editor of the International Journal of Economic Theory.

This book will certainly spark a debate that policymakers, academics and informed citizens cannot ignore.

• Chapter 1: Prosperity for AllChapter 2: Keynes BetrayedChapter 3: The Demise of the Natural Rate HypothesisChapter 4: Let's Stop Pretending that Unemployment is VoluntaryChapter 5: Five Problems with New Keynesian EconomicsChapter 6: Why Unemployment PersistsChapter 7: Wall Street and Main Street Chapter 8: The New Keynesian Model ExplainedChapter 9: The Farmer Monetary Model ExplainedChapter 10: Keynesian Economics without the Consumption FunctionChapter 11: How to Prevent Financial Crises

Roger E. A. Farmer is a Distinguished Professor of Economics at UCLA. In 2013, he was the Senior Houblon-Norman Fellow at the Bank of England. He has published numerous scholarly articles in leading academic journals, as well as books that have been translated into Chinese, Italian, Vietnamese and Hungarian. He has previously held positions at the University of Pennsylvania, The European University Institute and the University of Toronto. He is a Fellow of the Econometric Society, Research Associate of the National Bureau of Economic Research, Research Fellow of the Centre for Economic Policy Research, Fellow Commoner of Cambridge University, and Co-Editor of the International Journal of Economic Theory.

This book will certainly spark a debate that policymakers, academics and informed citizens cannot ignore.

• Chapter 1: Prosperity for AllChapter 2: Keynes BetrayedChapter 3: The Demise of the Natural Rate HypothesisChapter 4: Let's Stop Pretending that Unemployment is VoluntaryChapter 5: Five Problems with New Keynesian EconomicsChapter 6: Why Unemployment PersistsChapter 7: Wall Street and Main Street Chapter 8: The New Keynesian Model ExplainedChapter 9: The Farmer Monetary Model ExplainedChapter 10: Keynesian Economics without the Consumption FunctionChapter 11: How to Prevent Financial Crises