Noah Smith is a former columnist for Bloomberg and is now a popular writer at his own Noahpinion Substack. In this bonus segment from the previous conversation, Noah rejoins the podcast to talk about the nuts and bolts of macroeconomic modeling. Specifically, David and Noah discuss why macroeconomics is still in its infancy, how we can improve macro modeling moving forward, how to spot “nutty” macroeconomic theories, and more.

Transcript for the episode can be found here.

Noah’s Substack: Noahpinion

Noah’s Bloomberg archive

Noah’s Twitter: @Noahpinion

 David’s Twitter: @DavidBeckworth

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Related Links:

*Macroeconomics is Still in Its Infancy* by Noah Smith

*Nutty Macroeconomic Theories Will Ruin Your Country’s Economy* by Noah Smith