A Little Disruption, Big Economic Shocks

A model of economic networks is a big leap forward.

Understanding where things lead is the trick.

Photographer: by Thomas Koehler/Photothek/Getty Images

Sometimes a piece of macroeconomics research is so cool I just have to write about it. A new working paper by Daron Acemoglu, Ufuk Akcigit, and William Kerr is one of those papers. 

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