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GENERAL:
I am the very model of a post-economics-general,
I've information microeconomical and macrotheoretical,
I know the top departments, and I quote the Nobel laureates
From Samuelson to Lucas, and those three game theorists;
I'm very well acquainted with matters macroeconomical,
I understand the models, both New Keynesian and Classical.
Proofs of general equilibrium seriously interest me,
I know many fascinating facts about the core of an economy.
ALL:
He knows many fascinating facts, etc.
GENERAL:
With my permanent consumption and my expectations rational;
I maximize utility on matters academical, familial, and financial:
In short, in matters microeconomical and macrotheoretical,
I am the very model of a post-economics-general.
ALL:
In short, in matters microeconomical and macrotheoretical,
He is the very model of a post-economics-general.
GENERAL:
I know economic history, and lots of fancy data sets;
I do econometrics, and make sure that nothing is endogenous.
I'm fond of Gary Becker's work on crime and punishment,
Akerlof and Stiglitz on signals, sorting, and informment.
I can tell you many details about monetary aggregates,
RBC is clear to me because I know my compact sets.
Then I can re-derive a model if you'll read me the conclusion,
And give me ten or twenty minutes of theoretical seclusion.
ALL:
And give him ten or twenty minutes, etc.
GENERAL:
Then I can write a paper on overlapping generations,
And tell you ev'ry detail of investment in the Great Depression.
In short, in matters microeconomical and macrotheoretical,
I am the very model of a post-economics-general.
ALL:
In short, in matters microeconomical and macrotheoretical,
He is the very model of a post-economics-general.
GENERAL:
In fact, when I know what is meant by "find a job" and "New Orleans",
When I can tell at sight depression from prosperity,
When such affairs as interviews and job talks I'm more wary at,
And when I know precisely what is meant by "post-graduate",
When I have learnt what progress has been made throughout the century,
When I know more of markets than a novice at Monopoly-
In short, when I've a smattering of common sense,
You'll say a better post-economics-general has never passed his tests.
ALL:
You'll say a better post-economics-general, etc.
GENERAL:
For my economics knowledge, though I'm scholarly and savvy,
Focuses on theories of the last years of of the century;
But still, in matters microeconomical and macrotheoretical,
I am the very model of a post-economics-general.
ALL:
But still, in matters microeconomical and macrotheoretical,
I am the very model of a post-economics-general.