Those seminal early papers were crisp and minimalist; they looked forward with remarkable prescience to the wild and woolly, out-of-control world of modern international macroeconomics.
The bloated, crude early papers turned out to be devoid of any predictive power.
mnli hypothesis: The bloated, crude early papers turned out to be devoid of any predictive power. premise: Those seminal early papers were crisp and minimalist; they looked forward with remarkable prescience to the wild and woolly, out-of-control world of modern international macroeconomics.