Noah Smith criticizes heterodox macro
And then addresses some of the responses
The Solution to High Rents: Build More Houses. Who would have thought?
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" – F.A. Hayek
Olivier Blanchard asks “Do DSGE Models Have a Future?” and answers yes
Brad DeLong “cannot quite figure out why”
Paul Krugman isn’t so sure either
I have a lot to say on this topic. Over the next couple weeks I’ll have a bunch of posts dealing with it.