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kpete

(71,991 posts)
Tue May 28, 2013, 12:57 PM May 2013

KRUGMAN Comes Clean: "I am a big meanie"

Let’s stipulate that:

1. I am a big meanie

2. Reinhart and Rogoff never should have claimed that there is some kind of critical threshold at 90 percent, and they certainly should disavow any such claim now (which I don’t think they have, yet). I believe that the 90 percent claim had a remarkably malign effect on policy discussion, but let’s look forward.

.............


the rest:
http://krugman.blogs.nytimes.com/2013/05/28/procyclical-policy-for-germany/

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KRUGMAN Comes Clean: "I am a big meanie" (Original Post) kpete May 2013 OP
facts not only have a liberal bias, they are mean phantom power May 2013 #1
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