Studies in Business-Cycle Theory

Rating:
Summary: still worth the time
Review: New classical economics has been heavily criticized
from a variety of perspectives.
Still this book convinced me of the usefulness of this kind of exercises, e.g. with respect to questions like how strong an assumption is needed exactly to derive a particular result...

Rating:
Summary: Truly exceptional
Review: The book includes articles that at this moment have become classical in economic theory. Being written by the leader of new classical economics this book helps one to enter the world of rational expectations macroeconomics.