Farmer, Roger
Prosperity for All: How to Prevent Financial Crises
- ISBN 13:
- 9780190922405
- author:
- Farmer, Roger
- format:
- Paperback
- publisher:
- Oxford University Press, USA
- language:
- English
- Publication Year:
- 2018
- Pages:
- 296
- Dimensions:
- 20.32 x 12.95 x 1.52 centimetres
- Genre:
- Business, Economics, Macroeconomics
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
Roger E. A. Farmer proposes a new approach to preventing financial crises in his book Prosperity for All.
The author argues that traditional macroeconomic theories are insufficient to address the persistence of high unemployment and low growth rates, and instead suggests a paradigm shift towards a more dynamic understanding of economic stability.
Farmer's solution involves sovereign wealth funds backed by present value tax revenues, which could stabilize financial markets and promote employment, inflation control, and growth.
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