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Liquidity preference, loanable funds, and Niall Ferguson (wonkish)

Economist's View found this 5/3/2009 on krugman.blogs.nytimes.com

Joe Nocera writes about Thursday's New York Revie/PEN event on the economy, but fails to mention what I found the most depressing aspect of the whole thing: further confirmation that we're living in a Dark Age of macroeconomics, in which hard-won knowledge has simply been forgotten. What's the ...