Roger Farmer's Economic Window

I have been teaching basic Keynesian economics this week to my undergraduate class and I have just completed a new book manuscript with the...

There is much current angst on the difficult problem of how to escape a liquidity trap. Paul Krugman points out that in Japan, the ratio ...

I'm glad to see that Olivier Blanchard and Yanis Varoufakis have come out in favor of my plan  for People's QE. The following pas...

A couple of weeks ago, I had the pleasure of attending a very interesting conference at the Federal Reserve Bank of Saint Louis. The topic ...

John Cochrane makes the case in the WSJ that everything is back to normal. Hunky Dory, rosy tinted, don’t panic, keep-calm-and-carry-on n...

Simon Wren-Lewis has a nice post discussing Paul Romer’s critique of macro. In Simon's words: "It is hard to get academic ma...

The financial markets are in turmoil . We are dangerously close to the next financial crisis.   The FTSE in the UK is down by 13% from its ...