Relevant and even prescient commentary on news, politics and the economy.

Do policymakers listen to macroeconomists?

Ex Macroeconomist Noah Smith argues that it is a good thing that there are professional macroeconomists.  He has two arguments 1) So does this mean that macro research is useless for policymaking? No! Not at all!! Because here’s an interesting thing about policymaking: No matter who advises the policymakers, policy is going to get made. […]