Monday, August 15, 2011
Out of this world Keynesian
Last Sunday, I worried over negative-NPV stimulus. No problem. Paul Krugman believes that even a false-alarm invasion of the space aliens would get us to spend our way out of our current economic situation -- as did World War II. I had thought that Bob Higgs had successfully debunked the latter. I would love to see Higgs' arguments taken on by Krugman and anyone with similar views.
Posted by Peter Gordon at 8/15/2011 07:06:00 PM