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kaggle-ho-011116House Oversight

Economist Commentary on Macro Theory and Nobel Recommendations

Economist Commentary on Macro Theory and Nobel Recommendations The passage contains only personal opinions about macroeconomics and Nobel nominations, with no mention of influential actors, financial flows, or misconduct. It offers no actionable investigative leads. Key insights: Author critiques current macroeconomic teaching.; Suggests awarding Nobel prizes to Thomas Piketty and Gabriel Zucman.; Mentions a new resource website by Piketty and Zucman.

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House Oversight
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kaggle-ho-011116
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Economist Commentary on Macro Theory and Nobel Recommendations The passage contains only personal opinions about macroeconomics and Nobel nominations, with no mention of influential actors, financial flows, or misconduct. It offers no actionable investigative leads. Key insights: Author critiques current macroeconomic teaching.; Suggests awarding Nobel prizes to Thomas Piketty and Gabriel Zucman.; Mentions a new resource website by Piketty and Zucman.

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kagglehouse-oversighteconomicsmacro-theorynobel-prizeacademic-commentary

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Text extracted via OCR from the original document. May contain errors from the scanning process.
Some famous economists are tougher on the current state of macro than I am. Recent books argue that it should no longer be taught, and should receive no Nobel prizes. My diagnosis is about the same. But my prescription is opposite. Reconceive it from scratch, and teach it right. Award Nobel prizes to those who help. My first nominees would be Piketty and Zucman. Not that I think much of Piketty’s arguments. But his website with Zucman is as powerful a new resource for scholarship and the database as national accounts were eight decades ago. Chapter 8 Banks, Money and Macroeconomics 2/8/16 27

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