Three seventeen-year old quotes from Paul Krugman (Paul R. Krugman (1998): It’s Baaack: Japan’s Slump and the Return of the Liquidity Trap, Brookings Papers on Economic Activity 1998:2 (Fall), pp. […]
The economics that the very sharp Dani Rodrik praises is not the strongest current, outside of our liberal-arts non-business school ivory towers, and not always even in them.
What Have We Unlearned from Our Great Recession? Jan 07, 2011 10:15 am, Sheraton, Governor’s Square 15 American Economic Association: What’s Wrong (and Right) with Economics? Implications of the Financial […]
After being wrong for eight straight years, critics of expansionary macro policies in a high-slack low-inflation economy have taken over economic policy, in rhetoric at least, everywhere in the Republican Party.
Must-Read: Uncertainty about what the correct model of the economy is and a strongly asymmetric loss function do not simply apply to the question of whether the Federal Reserve should […]
Must-Read: As I have said before and will stay again, the Republican Party could be taking a serious policy victory lap right now, not just with respect to health policy–as […]
The extremely-sharp Tim Duy sees a much bigger potential impact than I do from Fed Governor Lael Brainard’s recent speech telegraphing future dissents on her part if the Federal Reserve […]
Must-Read: As I have said before and will stay again, the Republican Party could be taking a victory lap right now with respect to monetary policy–pointing out that the most […]
Must-Read: Looking back at my archives, I find that my own ratio of “Paul Krugman is right” to “Paul Krugman is wrong” posts is not in the rational range between […]