End This Agony, Part II
Aug 12th, 2011 | By Robert Murphy | Category: Economics, Featured, Macro Economics
There are two main explanations for how a smart guy like Krugman (and other sharp guys desiring more inflation, such as Tyler Cowen) can hold the views they do without their heads exploding.
First, if one's model suggests that the solution to high unemployment and sluggish GDP growth is to boost ...read more

