policymakers today. Summers and Krugman are also devotees of the concept of an ..... excess of saving over investment.” Krugman uses diagrams such as the one in Exhibit ..... discussion could be framed around the Krugman diagram. Bernanke is arguing that it is the savings curve that has
string, as were the Fed and BOE. This is why Paul Krugman bemoans austerity in Europe ( Krugman , 2014). Japan, however, appears to be flirting with a more aggressive ..... Sixth Edition. New York: Palgrave Macmillan. Krugman , Paul. 2014. “What’s the Matter With Europe
A few years back, Paul Krugman posted a really interesting graph. It plots the Fed Funds rate against the formula (9 + 1.8*(inflation rate - unemployment rate)). What the graph shows is that the formula accurately correlates to the Fed Funds rate for many years prior to 2008. However, just after ...
Medicaid, and recapitalized big banks. Pg 37: Epstein vs Krugman . How could they draw different conclusions from the same ..... an extended baseline scenario [the only one cited by Krugman ; 106% by 2039] and a scarier extended alternative fiscal
conclusions. This work invited a counter-editorial from Paul Krugman , who felt as if the FT was trying to hide a problem which Krugman sees as plain as day. Economic data is never clear and
These are instructive: http:// krugman .blogs.nytimes.com/2014/05/01/eco-348-the-great-recession-links-to-slides/ Related article: "Why Economics Failed": LINK .
is better than increased education. Much political noise reverberates relative to the “wealth gap.” Economist Paul Krugman , in his Jan. 23 New York Times column, decried an “arbitrary and inequitable distribution of wealth and incomes
On the other side stands an angry Paul Krugman , the New York Times columnist. 3 He is less ..... less wasteful than check clearing. Krugman also criticizes bitcoin as unreliable ..... Timothy B. Lee, “Here’s What Paul Krugman Doesn’t Get about Bitcoin
equipment and technology. (Even economist and columnist Paul Krugman last year wrote one of his “ain’t it a shame” columns on this ..... 4 Standard & Poor’s. 5 Department of Labor. 6 Paul Krugman , “Capital-based Technology Progress: An Example
Increasing Returns and Economic Geography,” economist Paul Krugman develops a model that shows how a country can endogenously ..... income. It seems that the new trade theory as espoused by Krugman may provide a more fitting explanation of current world