Conversations with economists : new classical economists and their opponents speak out on the current controversy in macroeconomics

A collection of interviews with 11 of the nation's leading economic theorists providing an introduction to current issues in economic theory and to the ways in which economists think. Contents (v) Preface (vii) 1. A Background for the Conversations (1) I. Conversations with New Classical Economists (27) 2. Robert E. Lucas Jr. (29) 3. Thomas J. Sargent (58) 4. Robert M. Townsend (81) II. Conversations with Neo-Keynesian Economists: The "Older Generation" (95) 5. James Tobin (97) 6. Franco Modigliani (114) 7. Robert M. Solow (127) III. Conversations with Neo-Keynesian Economists: The "Younger Generation" (149) 8. Alan S. Blinder (151) 9. John B. Taylor (170) IV. Conversation with a Monetarist (177) 10. Karl Brunner (179) V. Conversations with Nonconventional Economists (201) 11. David M. Gordon (203) 12. Leonard A. Rapping (218) VI. Interpretation (235) 13. An Interpretation of the Conversations (237) Glossary of Names (255) Selected Bibliography (261) [compiled By] Arjo Klamer. Bibliography: P. [261]-265.