Kevin Drum discovers what I’ve been telling people for more than a decade.
Brad DeLong admits that the reason economists don’t know jack about economic growth is that their models don’t support it. There’s a reason Mankiw, Romer, and Weil (1992) is the most dangerous short-form piece of immature fiction since Atlas Shrugged.*
Paul Campos notes how deeply Matt Yglesias is in the tank in attempting to portray Trump as rational.
Credit when due: Brad also noted that Robert’s recent AB post about being off the ZLB [now with link!] contains a bit of magical thinking. Robert’s response is well worth noting, as is ex-AB member PGL’s parry. Someone invite these guys to do a BloggingHeads.
*This is the long-form one.