I've heard here and there that other fields of economics like labour, micro, development and so on, have incorporated things like irrational behavior to some degree, imperfect information and so on. I assume macro economists are not stupid and know the criticisms. So, if it's legit, why is macro more resistant to change?
Has macro econ been resistant to change? Why?
byu/Om_Sapkoat inAskEconomics
Posted by Om_Sapkoat