Thursday, October 20, 2011
Why is Prof. Krugman not a macroeconomist? How could he do analysis as good as actual top macroeconomists?
I'm still not sure I understand why Prof. Krugman isn't considered a macroeconomist, in my understanding his expertise is in international trade, why exactly is that not macroeconomic? What constitutes his endless popular writing on macroeconomic topics -is it an exercise in procrastination? How could he see deeper about macroeconomics if similar talent spends all their time cultivating macroeconomic expertise and he's got a busy day job cultivating international trade expertise?