Let us start with Paul Krugman, commenting on a piece by Noah Smith: Paul Krugman: Charge of the Right Brigade: “Noah Smith writes about what he calls the ‘finance macro canon’… that money-printing and deficits lead inexorably to runaway inflation, plus assorted other arguments about why easy money is a terrible thing even in a … Continue reading Understanding the Wall Street View of the World–and Why It Doesn’t Change: Monday Focus: March 17, 2014