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On not listening
You might have thought that the worst economic crisis since the 30s, a crisis that should not have happened according to non-Keynesian models, would prompt at least a little intellectual curiosity. But no.
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The Financial Times Needs to Exercise Some Quality Control...
J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... economics, which had been nearly forgotten inside the macro field, has found new voices from outside. They take the position that fiscal “stimulus” of all kinds is effective against slumps of all causes... An editor should have asked: "Who are you talking about who takes the position that fiscal 'stimulus' of all kinds is effective against slumps of all causes?" And then should have killed the column. Paul Krugman: On not listening: OK, no point in reading any further. Nobody, and I mean nobody, holds ...

links for 2009-11-03
Economist's View — ... Why Nobel Economics Laureates chose economics? - Mostly Economics On not listening - Paul Krugman Crisis ...

Further reading
FT Alphaville — Elsewhere on Wednesday, - If the economy’s stagnant, why are stocks up ? - The edge: a golden opportunity remains. - On the clash of economic theories (and commentators). - John Paulson once had self-doubts. - A curious meeting at the US Treasury. - The women who made it on Wall Street:  Lessons from Krawcheck . - Burlington — not so Buffett-like . - Over-analysing Buffett’s big train-set purchase . - Gasparino calls out the sell-outs. - A creeping power-grab in Washington DC . - Gasp! Fund manager ...

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