Inflation Is Still the Lesser Evil by Kenneth Rogoff – Project Syndicate

This article by Harvard Professor Kenneth Rogoff, published by Project Syndicate,  is well worth a read. Check it out!

Inflation Is Still the Lesser Evil by Kenneth Rogoff – Project Syndicate.

Personally, I think that the views of Kenneth Rogoff and Paul Krugman have converged significantly this year; however, they are both probably happy for some extra publicity to support their book sales.

I agree with Kenneth Rogoff that modest inflation would stimulate growth, especially in Europe but the ECB still seems to be very conservative.

Kenneth Rogoff - World Economic Forum Annual M...

Kenneth Rogoff – World Economic Forum Annual Meeting Davos 2009 (Photo credit: World Economic Forum)

Any thoughts?

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3 responses

  1. Pingback: Britain should not take its credit status for granted – Kenneth Rogoff – FT.com « Dr Alf's Blog

  2. Pingback: Dr Alf’s Two Cents: Only the Poor Die Young by Johan P. Mackenbach – Project Syndicate « Dr Alf's Blog

  3. Hi Dr Alf, it’s great to see both the World Bank and Kenneth Rogoff coming around to the realisation that you can no more tax your way out of a recession, than you can squeeze water out of a prune! Paddy

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