Rethinking Expectations

"Rethinking Expectations," published by Princeton University Press in 2013, is a thought-provoking collection that stems from a 2010 conference celebrating the fortieth anniversary of the influential "Phelps volume," featuring renowned works that laid the groundwork for contemporary macroeconomic analysis. With 440 pages of insightful essays, this hardcover edition invites readers to delve into macroeconomic theory and its evolution over the decades.

Authored by esteemed economists, the book includes a compelling introductory essay by Romer, which challenges conventional wisdom and offers new perspectives on expectations in economic models. Perfect for scholars, policymakers, and anyone interested in the intricacies of employment and inflation theory, "Rethinking Expectations" encourages a critical reassessment of established thought in economics. Discover how these discussions have shaped the landscape of economic theory and practice today.