The ascent of economists

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In a post on PEN-L, Michael Perelman wrote:

Dean Baker reminded me at the meetings that Mankiw and Hubbard used to do decent work. There is a problem that as you ascend the ranks, your critical facilities decline.

Dean Baker reminded me at the meetings that Mankiw and Hubbard used to do decent work. There is a problem that as you ascend the ranks, your critical facilities decline.

My response:

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