Roger Farmer

Roger Farmer, a macroeconomist known for his work on Keynes and Hayek, takes listeners on a fascinating journey through macroeconomic evolution. He explores the impact of significant events like the Great Depression and the 2008 crisis, emphasizing the need for his 'windy boat' metaphor over traditional economic models. Farmer discusses unemployment as a random walk, contrasting search theory with asset market fluctuations, and critiques both neoclassical and MMT viewpoints. His unique synthesis of ideas challenges listeners to rethink traditional economic narratives.