by Economic science does an excellent job of displacing bad ideas with good ones. It’s happening every day. For every person who places obstacles in the way of good science to protect his or her turf, there are five more who are willing to publish innovative papers in good journals, and to promote revolutionary ideas that might be destructive for the powers-that-be. The state of macro is sound – not that we have solved all the problems in the world, or don’t need a good revolution. Stephen Williamson Sure, and soon it will be Christmas and Santa Claus makes everyone happy …
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Lars Pålsson Syll considers the following as important: Economics
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Economic science does an excellent job of displacing bad ideas with good ones. It’s happening every day. For every person who places obstacles in the way of good science to protect his or her turf, there are five more who are willing to publish innovative papers in good journals, and to promote revolutionary ideas that might be destructive for the powers-that-be. The state of macro is sound – not that we have solved all the problems in the world, or don’t need a good revolution.
Sure, and soon it will be Christmas and Santa Claus makes everyone happy …