Join Professor Roger Farmer in this first part of a two part lecture in which he takes you on a journey through the evolution of his ideas. In Part 1 Professor Farmer explains what's wrong with New Keynesian economics and why it cannot explain the facts. In Part 2, he provides an alternative paradigm -- Keynesian Search Theory -- that can explain these facts and that offers a rich research agenda for graduate students to build upon. This second part of the lecture is also available on YouTube. These two parts represent the concluding lecture in a ten part series delivered to advanced graduate students at the University of Warwick in the Autumn of 2020. The other lectures are available on Professor Farmer's website at rogerfarmer.com. You can follow him on twitter @farmerf Roger E. A.
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