Modern Macro

I echoed Will Ambrosini’s call for critics of modern macro to survey the literature. Here are a couple papers (non-gated) that provide an overview:

I would actually recommend the debut issue of the American Economic Journal: Macroeconomics (which features the Woodford piece above) for a brief look at the goings on in modern macro as well.

2 responses to “Modern Macro

  1. Thanks for the links.

    Almost every macro textbook — and every macro professor teaching intro — copies Keynes in “bashing” what they call “classical economics.”

    But is there one economics professor out of 1,000 who isn’t as ignorant as my dog of the actually work produced at the time of Keynes, and before?

    I call for critics of “classical economics” to learn more about economics other than Keynes and “modern macro” than is known by my dog.

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