kznlol

What kind of changes do you think would be needed to remove the "stigma" associated with macroeconomics among professional economists? I know that my micro professors, and most of my fellow grad students (the ones who aren't doing macro, at least) take a highly skeptical view of pretty much the entire field - something I share, to be honest.

Why do you think this is, do you think it's a problem, and if so, what needs to change to solve it?

thank mr bernke

Scalia's concurring opinion in the case made the same kind of tenuous and theoretical connections between the regulated activity and interstate commerce that he often criticizes himself.

Why is it that you have written 6 solid paragraphs and not one of them expands on this? This statement is the entirety of the explanation of the meme - Wickard is, at best, tangentially related. The link given to Raich quotes Scalia's concurring opinion. There is a notable lack of "tenuous and theoretical connections", especially if you intended Wickard to be an example of such connections, because Wickard's reasoning is an order of magnitude more ludicrous than anything in Raich.

Does the advantage of moving first remain fairly constant as skill levels increase, or does it change (and in which direction)?

You propose (or at least, based on your website you propose) to enact a $15/hour minimum wage. Why $15/hour? Is this not going to cause significant unemployment and/or price increases in states like Mississippi, where the median hourly wage in 2012 was $13.37/hour? More generally, why are you proposing a minimum wage increase and a suite of anti-poverty programs? Why not, say, expand the EITC, if your goal is to alleviate poverty, while leaving the minimum wage alone and allowing markets to determine equilibrium wages?