Pater Familias

Theories, observations, and articles, by Philip Schaefer · All posts · Categories

ROMER’S VIVID WRITING ABOUT MACROECONOMICS.

October 11, 2018 · Economics, History, Politics

ROMER’S VIVID WRITING ABOUT MACROECONOMICS. The joint Nobel Prize to Romer is a little surprising because Romer is a fierce controversialist and must have made many intellectual enemies. I posted here about Romer’s 2016 article which began by saying about macroeconomics: “I have observed more than three decades of intellectual regress.”

I cited two economists who said this essay was “a scathing critique that landed among Romer’s peers like a grenade.”