Meltzer vs Krugman
In today's NY Times, Allan worries about inflation, while Paul worries about deflation.
Update: The debate continues here and here.
Update: The debate continues here and here.
Random Observations for Students of Economics
I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
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