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.

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