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Thomas Sargent

/Thomas Sargent
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Thomas J Sargent is one of the world's leading economists.

Thomas J Sargent is an economist, professor and author. He specializes in the fields of macroeconomics, monetary economics and econometrics. He is one of the world's leading economists.

He holds the Berkley Professorship of Economics and Business at New York University and is the author of several important books and articles, including the classic economics texts "Macroeconomic Theory" and "Dynamic Economic Theory". He is also co-author of the book "Rational Expectations Econometrics", together with Lars Peter Hansen. In addition, he was one of the creators of the Rational Expectations Theory, whose main idea is that: the decisions people make are based on a reasonable mental model of the economy and, essentially, on their understanding of government economic policies. This idea was revolutionary for economics at the time.

Among several awards he received throughout his career, he won the Nobel Prize in Economics (2011) for his groundbreaking work on macroeconomics.


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