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Government Must Stimulate to Avoid a 1937-Style Recession? It Just Ain't So
Journal article

Government Must Stimulate to Avoid a 1937-Style Recession? It Just Ain't So

The Freeman (Irvington-on-Hudson, N.Y.), Vol.60(3), p.6
01/04/2010

Abstract

Economists GDP Gross Domestic Product Recessions Regulation of financial institutions Reserve requirements Studies
The problem is that by 2008 Krugman had long ceased to be a serious economist, becoming instead a common pundit. [...] the Nobel Prize gave his ideological and highly partisan New York Times column an imprimatur of economic credibility that it certainly does not deserve.

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