I’ve certain found it hard to think about anything else. RIP Bob Lucas…..
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it's gotta be von neumann. smart people see von neumann the way guitarists see hendrix.
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Ok, all you geniuses: who’s a -smart- person’s idea of a smart person? Whose intellectual work and manner of presenting it has earned your respect? Or do we not commit ourselves that way on Twitter?
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Looking at this data quickly, I think the answer is "Yes".
Years with high(/low) net exports tend to have smaller (/larger) net exports the following year.
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Economists should have to pass the Krugman Test before opining on trade and tariffs.
It's a simple test: "Was Paul Krugman correct when he wrote in the American Economic Review in 1993 that 'trade deficits are self-correcting' and, if not, why not?"
Amazing how many still fail.
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