Paul Krugman and Greg Mankiw are both brilliant. Therefore, I find some of their intellectual sparring over the stimulus and macroeconomy amusing. Anyway, a recent post by Mancow says:
I find this hilarious for two very, very nerdy reasons:
1. When was the last time Paul Krugman did International Trade theory?
2. While in grad school I was given the impression by Stephen Parente (who is, himself, a macroeconomist) that "empirical macroeconomist" an oxymoron.
After all, he is an international trade theorist rather than an empirical macroeconomist
I find this hilarious for two very, very nerdy reasons:
1. When was the last time Paul Krugman did International Trade theory?
2. While in grad school I was given the impression by Stephen Parente (who is, himself, a macroeconomist) that "empirical macroeconomist" an oxymoron.
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