"About this title" may belong to another edition of this title. He regularly contributes newspaper editorials on current policy issues here and abroad. His interests in public policy take him frequently to testify before Congress and to participate in international conferences. His writing includes Open Economy Macroeconomics and, with Stanley Fischer and Richard Schmalensee, Economics. He visits and lectures extensively in Europe and in Latin America, where he takes an active interest in problems of stabilization policy, and has held visiting appointments in Brazil and Argentina. His special research interests are the behavior of exchange rates, high inflation and hyperinflation, and the problems and opportunities that high capital mobility poses for developing economies. His research is primarily in international economics, with a major macroeconomic component. He has taught at Chicago, at Rochester, and since 1975 at MIT. A balanced approach explains both the potential and limitations of economic policy. This revision retains most of the text's traditional features, including a middle-of-the-road approach and very current research, while updating and simplifying the exposition. He did his undergraduate work in Switzerland and holds a Ph.D. Dornbusch, Fischer, and Startz has been a long-standing, leading intermediate macroeconomic theory text since its introduction in 1978. RUDI DORNBUSCH is a Ford Professor of Economics and International Management at MIT.
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