More debate over 20 data points with no explanatory power one way or the other (as Yglesias pointed out). This is not uncommon in macro. Another recent case als

More debate over 20 data points with no explanatory power one way or the other (as Yglesias pointed out). This is not uncommon in macro. Another recent case also centered on work by R&R http://johnbtaylorsblog.blogspot.com/2012/10/simple-proof-that-strong-growth-has.html http://johnbtaylorsblog.blogspot.com/2012/10/simple-proof-th... (one of a host of commentary pieces on both sides... but essentially none in the middle)