How to (Really) End This Depression: a Response to Paul Krugman

by Polly Cleveland

This is Polly’s most recent post to date at her excellent blog, Econamici. — L. D.

In the May 24 New York Review of Books, Paul Krugman writes, “The truth is that recovery would be almost ridiculously easy to achieve; all we need is to reverse the austerity policies of the past couple of years and temporarily boost spending.” Continue reading