This is a MUST READ article from Paul Krugman, the Nobel Prize winning, liberal, economist, writing in the Op-Ed column of the NYT.
via Europe’s Keynesian Problem – NYTimes.com – Paul Krugman.
Krugman explains the problem really simply. The economic case that he proposes is overwhelmingly obvious, so why won’t the policy-makers in Berlin, London and dare I say Brussels gives Keynesian methods a chance?
Any thoughts?
Paul Krugman, Laureate of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008 at a press conference at the Royal Swedish Academy of Sciences in Stockholm (Photo credit: Wikipedia)
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