Post Tagged with: "Paul Krugman"

NY Times, 2002: Paul Krugman calls for the housing bubble

Mad science: The basic point is that the recession of 2001 wasn’t a typical postwar slump, brought on when an inflation-fighting Fed raises interest rates and easily ended by a snapback in housing and consumer spending when the Fed brings rates back down again. This was a prewar-style recession, a […]

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