The state of macroeconomics is not good
Washington Post
It also probably generated some bemusement by economists. This is mostly because economists are close to insufferable when they opine about the other. Indeed, in “Economics Rules,” an otherwise critical book of his discipline, Dani Rodrik offers up numerous asides about how economics is more rigorous than the rest of the social sciences, such as, “economics is by and large the only social science that remains almost entirely impenetrable to those who have not undertaken the requisite apprenticeship in graduate school,” which allows him to conclude that, “because economists share a language and a method, they are prone to disregard, or deprecate, noneconomists’ point of view.” And this is empirically true: Other academic disciplines cite economists frequently, but they do not return the favor nearly as often. ...
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