Day: September 20, 2016

  • The World Bank’s Chief Economist Says What the Problem Is

    I don’t often read what Paul Mason writes, but a recent essay at https://www.theguardian.com/commentisfree/2016/sep/19/its-time-to-junk-the-flawed-economic-models-that-make-the-world-a-dangerous-place  points to an interesting draft paper by Paul Romer, The Trouble With Macroeconomics  https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf . Romer is an academic economist and sometime entrepreneur who is now Chief Economist of the World Bank. To me, there is an interesting part and an uninteresting part…