By explaining, comparing, and finally combining classical and Keynesian economics, Roger Farmer shows how to design ways of correcting the excesses of free market economies that preserve the best features of capitalism without stifling entrepreneurship.
In the aftermath of the 2008 financial crisis, economists around the world have advanced theories to explain the persistence of high unemployment and low growth rates. Written in clear, accessible language by prominent macroeconomic theorist Roger E. A. Farmer, Prosperity for All proposes a paradigm shift and policy changes that could successfully raise employment rates, keep inflation at bay, and stimulate growth.