Macroeconomic Patterns and Stories (Hardcover) (ISBN-13: 9783540463887)

This book offers the wisdom and insight regarding the US economy from a well-known and distinguished econometrician who found himself first teaching macro economics to MBAs and then directing the highly regarded and widely quoted UCLA/Anderson Forecast, which provides quarterly forecasts for the US economy. Edward Leamer argues that, "We are pattern-seeking story-telling animals." He provides in this book the patterns and stories that are the basis for his understanding of what determines the business cycle and what determines long-run economic growth.