How Long to Read Rational Expectations and Inflation

How Long Does it Take to Read Rational Expectations and Inflation?

It takes the average reader 6 hours and 35 minutes to read Rational Expectations and Inflation by Thomas J. Sargent

Assuming a reading speed of 250 words per minute. Learn more

Description

A fully expanded edition of the Nobel Prize–winning economist's classic book This collection of essays uses the lens of rational expectations theory to examine how governments anticipate and plan for inflation, and provides insight into the pioneering research for which Thomas Sargent was awarded the 2011 Nobel Prize in economics. Rational expectations theory is based on the simple premise that people will use all the information available to them in making economic decisions, yet applying the theory to macroeconomics and econometrics is technically demanding. Here, Sargent engages with practical problems in economics in a less formal, noneconometric way, demonstrating how rational expectations can satisfactorily interpret a range of historical and contemporary events. He focuses on periods of actual or threatened depreciation in the value of a nation's currency. Drawing on historical attempts to counter inflation, from the French Revolution and the aftermath of World War I to the economic policies of Margaret Thatcher and Ronald Reagan, Sargent finds that there is no purely monetary cure for inflation; rather, monetary and fiscal policies must be coordinated. This fully expanded edition of Rational Expectations and Inflation includes Sargent's 2011 Nobel lecture, "United States Then, Europe Now." It also features new articles on the macroeconomics of the French Revolution and government budget deficits.

How long is Rational Expectations and Inflation?

Rational Expectations and Inflation by Thomas J. Sargent is 392 pages long, and a total of 98,784 words.

This makes it 132% the length of the average book. It also has 121% more words than the average book.

How Long Does it Take to Read Rational Expectations and Inflation Aloud?

The average oral reading speed is 183 words per minute. This means it takes 8 hours and 59 minutes to read Rational Expectations and Inflation aloud.

What Reading Level is Rational Expectations and Inflation?

Rational Expectations and Inflation is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Rational Expectations and Inflation?

Rational Expectations and Inflation by Thomas J. Sargent is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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