Arnold Kling  

Mark and Me on Macro

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Emmanuel Saez's Medal... What I Have Not Been Blogging...

on bloggingheads. We both express some humility about what macroeconomics can do.

The New York Times decided to extract the section on bank bailouts.


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COMMENTS (3 to date)
Dan writes:

Both links are to the NYT clip

George writes:
Falcon writes:

It seems that despite all of the humility expressed about macro knowledge, at the end Thoma still advocates using a portfolio approach employing the levers and buttons (or "thrusters" and "rocketpower") that just received heavy skepticism. Personally, it left me still wanting more explanation on how to properly balance troubled models and appropriate action.

Nonetheless, it was a good step in propelling the conversation forward. thx

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