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 Follow us on Twitter: @Macro_Musings Click here for the latest Macro Musings episodes sent straight to your inbox! Check out our new Macro Musings merch here! Related Links: *Macroeconomics is Still in Its Infancy* by Noah Smith *Nutty Macroeconomic Theories Will Ruin Your Country's Economy* by Noah Smith

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“What did the council decide on item 42?” — answered with the speaker and the moment.