@mplouffe Do you think that among Econ scholars it's common that they read Journal of Econ Lit articles for fun? I like the critical reviews of whole bodies of literature on topics that I haven't touched much before.

@bthall @mplouffe I mean, in a sense that's how I understand how rational expectations models jumped over from agricultural economics to macro economic policy in the 70s

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@bthall @mplouffe I honestly also like reading out of discipline reviews also. Nothing like reading how biologists describe understandings of populations or similar to give perspective.

Often that perspective is that humans are idiosyncratic... but that's not a bad perspective.

@bthall @mplouffe I'd hope it'd humble Macroeconomists a bit more if they understood their roots out of stuff like "NORTH AMERICAN HOG SUPPLY: A COMPARISON OF GEOMETRIC AND POLYNOMIAL DISTRIBUTED LAG MODELS" and similar. Not to hate, but gives context.


@bthall @mplouffe Although perhaps that article specifically a bad example.

Muth had written in the 60s (61 iirc?), so Meilke and co. weren't direct forbears - they're like 2/3rd gen adaptive expectations scholars.

Prob go back to Ezekiel, Nerlove adaptive expectations work which Muth was a response to.

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