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BONUS: Noah Smith on the State of Macroeconomics

Macro Musings with David Beckworth

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Introduction

David Beckworth: Macromusines takes a closer look at the most important economic issues of the past, present and future. Noah Smith has been gracious enough to give us a bonus segment this week on Macrow economics. We ran out of time but you again have graciously agreed to stay on. The reason Ed Prescott won an Nobel was because that methodology seemed to satisfy people's desire to address theoretical critiques.

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