Author Archives: Forex MG-PT

Heritage, Chicago, and the Fiscal Cliff, by Paul Krugman, in NY Times: Menzie Chinn has some fun pointing out that if the doctrine Heritage was pushing to oppose fiscal stimulus were true — namely, that government borrowing always crowds out an … Continue reading →

What’s The Matter With Italy?, by Paul Krugman, in NY Times: Sorry about radio silence — real life intruded. Also, working on longer-term projects; including one that had me looking at a pretty big puzzle that isn’t getting much attention, namely, … Continue reading →

Meanwhile, Europe, by Paul Krugman, in NY Times: So, American voters have spoken and sent the nation firmly on the path of destruction — God’s wrath for gay marriage, you know. So we can relax a bit on that front and … Continue reading →

Socialism!, by Paul Krugman, in NY Times: I have to say, the gnashing of teeth and rending of garments on the right comes as a surprise. We knew that they would be upset; but the extent to which they were really, … Continue reading →

Monetary Mandate Mischief, by Paul Krugman, in NY Times: One of the remarkable things about the ongoing economic crisis is the way so many people have responded to events by adopting doctrines that would magnify our problems. The woes of Spain and … Continue reading →

  Sad Things (Wonkish and Trivial), by Paul Krugman, in NY Times:  I see that some people out there don’t like me. A couple of odds and ends: John Cochrane weighs in on the Ricardian equivalence debate, sort of. I say “sort … Continue reading →