Destructive Creativity 破滅的な独創性 Still thinking my way through the Reinhart-Rogoff debacle and related issues, and I think there’s an important point to be made here about the state of macroeconomics. ずっとラインハート・ロゴフ論文の大失態とそれに関連する事柄について自分なりに考えているんだが、マクロ経済学の現状に関して語られるべき重要な点があると思う。 You can already see quite a few people reacting to this affair by declaring that macro is humbug, we don’t know anything, a