The macroeconomics conference wasn't over yet, neither was Professor Krugman's report. However, Lu Zhou's paper already caused a sensation in the economics world!
Phd students had begun discussing this on Facebook and other economics forums.
[Who is at the Shanghai conference?! Please live stream Professor Krugman's report!]
[L-Z model? F*ck sake! It took me two months to learn the Lu Bewley model, now you're telling me the Lu Bewley model is outdated?!]
[I'm at the report right now, everyone in the lecture hall has gone crazy! Not only will the L-Z model become the most popular research field in macroeconomics, but apparently, the Chinese guy Lu Zhou created the model in one afternoon…]
[Jesus! Some people could achieve more in an afternoon than others could achieve in a week… This world is too cruel.]