When prestige and exponential citation patterns bite back

http://nyti.ms/10g9ieW

The problem is that being wrong and figuring things out through debate is a healthy part of academia, but when it comes to macroecon (a) the policies have to be made and implemented on a much shorter timescale, (b) nobody really knows what they’re talking about, and (c) the people to suffer the consequences are not the economists, and rarely the policymakers. Anyways, go U-Mass Amherst!!

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