Roger E. A. Farmer

Roger E. A. Farmer

Roger E. A. Farmer is a world-renowned British-American economist and co-founder of the Indeterminacy School in Macroeconomics, celebrated for his groundbreaking work on self-fulfilling prophecies and market psychology. An Emeritus Distinguished Professor at UCLA, where he chaired the Economics Department (2009–2012), he has also held faculty positions at the University of Pennsylvania, the European University Institute, and the University of Toronto. Since 2017, he has been a Professor of Economics at the University of Warwick and a Visiting Scholar at the University of Virginia. Farmer’s illustrious career includes roles as Research Director at the National Institute of Economic and Social Research (NIESR) and Senior Houblon-Norman Fellow at the Bank of England. A Fellow of the Econometric Society, Research Associate at the NBER, and Research Fellow at CEPR, he has authored influential books, including The Macroeconomics of Self-Fulfilling Prophecies, How the Economy Works, and Prosperity for All, translated into multiple languages. His research innovatively bridges Keynesian economics and general equilibrium theory, reconciling underemployment equilibria with rational choice.