I promise not to do too many more posts about a) macro or b) Paul Krugman. I don’t just love macro, these are not my most popular posts, and Krugman is too shrill to read on a regular basis. Nevertheless, I think I can sort through some of the recent disagreement about liquidity traps.
Forensic semantics: the meaning of liquidity trap
Forensic semantics: the meaning of liquidity…
Forensic semantics: the meaning of liquidity trap
I promise not to do too many more posts about a) macro or b) Paul Krugman. I don’t just love macro, these are not my most popular posts, and Krugman is too shrill to read on a regular basis. Nevertheless, I think I can sort through some of the recent disagreement about liquidity traps.