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Tag Archives: DGSE

DSGE Dilettantes v. ADM God Devotees

By William K. Black December 18, 2017     Bloomington, MN The truly exceptional thing about ‘modern macroeconomics’ devotees is not that they are so consistently and horrifically wrong or that they persist in their errors – but their exceptional combination of arrogance and disdain for those who have dramatically better records and broader and more relevant expertise.  Kartik Athreya, the Richmond Fed’s Research Director, led the modern macro parade on June 17, 2010 with his blog (which...

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