http://thenextrecession.wordpress.com/2012/05/27/krugman-and-depression-economics/
In his new book Paul Krugman does not want to talk about the causes of the
Great Recession and ensuing long depression, but what to do about it. And
Krugman
reckons there are things that we can do. For Krugman, it is obvious what is
wrong:“we are suffering from severe lack of overall demand”. So it’s obvious –
just create some more demand.
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