LOUIS UCHITELLE and Ed Prescott Could be Buddies

Similar to the Case-Schiller home price index --- suppose that there exists a mutual fund based on the bundle of Academic Economists' ideas. In this Animal Spirits book Review , Lou Uchitelle argues that this pricing index is worth $0 right now except for the work of a couple of maverick scholars. I am willing to buy this security from him. Are you?

When I was a kid, my father would devote part of his August vacation to locking himself into a quiet place to see if he could still pass the basic Cardiology exams. In today's New York Times, they post the High School 2009 AP Economics Exam . I suggest that each Academic economist should have to also "re-certify". Note all of the Keynesian questions at the start. To my friends at Minnesota, we will grade your exams carefully.