Should-Read: Noah Smith: The “cackling cartoon villain” defense of DSGE: “The new defense of DSGE by Christiano, Eichenbaum, and Trabandt is pretty cringe-inducing… …reads like a line from a cackling cartoon villain. “Buahahaha, you pitiful fools” kind of stuff. It’s so silly that I almost suspect Christiano et al. of staging a false-flag operation to … Continue reading Should-Read: Noah Smith: The “cackling cartoon villain” defense of DSGE