Macroeconomic Patterns and Stories

Suppose, for example, that a student cannot tell anything about the content, and the content score is simply a random number, varying from student to student. As the average course content score is about the same for every course, it is the amusement score that will drive the rankings. 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.