BONUS: Noah Smith on the State of Macroeconomics
Macro Musings with David Beckworth
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Nutty Macro Economic Theories Will Ruin Your Economy
The most famous nutty macro economic theory that everyone loves to pick on with justifiably is called MMT. Stephen Williamson doesn't know whether he's being serious or trolling because he's Canadian. Being Canadian means you exist in a quantum superposition of seriousness and sarcasm. We see there's plenty of opportunity for growth and improvement. So we will take the challenge, Noah, and plot ahead and do our part to make this world a better place, one economist at a time.
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