American Painting, Macro vs Micro Economics
Garett discusses his favorite American painter, Grant Wood, and the significance of his work in relation to macroeconomics. The conversation then shifts to Thomas Sargent, Garett's hero, and his ability to integrate time series and dynamic equilibrium thinking. They explore why Sargent and Prescott have lost influence with younger economists due to the rise of micro data and the lack of interest in grand synthetic stories in macroeconomics.In this clip
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Garett Jones on Democracy (More or Less) | Conversations with Tyler
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