> Romer's textbook of course gave him total mainstream cred
You might be thinking of David Romer's textbook. As far as I know, Paul Romer never wrote one.
Paul Romer had tons of mainstream cred from his two classic publications. He left the profession and really didn't have anything to do with it for many years, even becoming a startup founder. Then he showed up to coin the term mathiness while criticizing his advisor, and later wrote a critique of modern macro.
Re:The Prize in Economic Sciences 2020
by buddhiajuke on Monday October 12, 2020 @12:07PM
(#24755883)
I judge laureates by their published Nobel lectures.
There’s a footnote in Heckman’s that pretty much renders Duflo’s work invalid.
Milgrom and Wilson is... expected. I mean, auction theory has been very influential, but I think Roth + Shapley (2012) just recently covered more fun intellectual predecessor and successor movements to much of Milgrom and Wilson. Classic theory-heavy work that has had practical influence as well. Arguably, their emphasis on supermodularity was a deep theoretical influence on follow-on work, so I have to count that as high impact. But it does feel a little less exciting than past awardees. Maybe just because we've lived with auction theory for so long now?