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Archive of posts published in the tag: Paul Krugman

An Educated Lack of Vision

One of the reasons I am skeptical of global warming/ climate change apocalyptic scenarios is  that throughout history such predictions have almost always proven wrong. Thomas Malthus (1766- 1834) was actually correct when he suggested that population growth would be

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Does Stimulus Work?

The government has spent trillions to stimulate the economy. Interest rates are at a record low. Yet American businesses are sitting on top of trillions of dollars of cash, reluctant to spend any of it to grow or hire.  Does

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Beyond Demand and Supply

A debate between the relative merits of a demand side and supply side stimulus is an oversimplification of the dynamics of our economy.  Is our economy more demand driven or supply driven? The answer, like so many answers to questions

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Laffer and Krugman

In Econoclasts author Brian Domitrovic chronicles the rise of the supply side revolution, the economic prescription that ended the stagflation of the 1970’s and sparked a strong economic growth that lasted over 20 years. Arthur Laffer, of the famous Laffer

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Absolving Fannie and Freddie

In a New York Times Article Paul Krugman took exception to another who laid blame for the financial crisis on Fannie Mae.  In Contending with Paul Krugman, part II, Charles Lane takes exception to Krugman. An excerpt: What is the

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