People, the Nobel Prize in Econ went to Angus!!!!!! OMG OMG. Take THAT, Munogwitz!
What's that you say? It's not OUR Angus?
But look at this quote:
“You’ve got a line that no one knows where to put it, PPPs that change, and underlying data that is bad,” he said. “It is sort of a statistical problem from hell.”
Are you sure it's not our Angus?
Seriously, big congratulations to Angus Deaton on a well deserved award.
Also big congrats to the Swedes for giving the thing to a single recipient two years in a row. That Fama, Shiller, & Hansen deal a couple of years ago was a hot mess.