What’s New in Economics?

It is a daunting task to bring you up to date on the developments in economics in the last quarter century. I know that John Cochrane has tried to educate you about what we’ve learned about fiscal stimulae in that period. But perhaps a I can highlight a few other developments?

via David K. Levine: An Open Letter to Paul Krugman.

This is a good overview of some recent thinking in economics.

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