about me
art
biz
Chess
corrections
economics
EconoSchool
Finance
friends
fun
game theory
games
geo
mathstat
misc
NatScience
... more
Profil
Logout
Subscribe Weblog

 
A group of macroeconomists are sitting on a panel at a conference discussing developments in the discipline.

In a heated exchange, the New Keynesian says to the Real Business Cyclist: “You guys have put macroeconomics back twenty years with this nonsense!”

The Real Business Cyclist smiles and says “So you DO believe in negative productivity shocks after all.” [Source]