I knew I was in love when I allowed my future husband to use the word "heteroskedastic" [see note below] as if it were a real word, even though real words don't have k's in the middle of them. But economists don't just make up words; they make up entire universes in which everything that they do can be perfectly rationalized.
The economist is never named in the article. Should we out the guy? or would that be just plain wrong?
Note: You can also spell it heteroscedastic.